new york

Greenidge's Crypto Mine A Test For NY's Climate Goals Or Just Hot Air?

Greenidge's Crypto Mine A Test For NY's Climate Goals Or Just Hot Air?

Is New York truly willing to sell its soul for few dozen of those digital tokens? Is the Greenidge Generation crypto mine in Yates County about to be dealt a fatal blow? That’s how bad this scenario truly smells, like an exploded limited edition Doom server farm after a power...

Crypto Mine vs. Climate Law: Can NY Have Both?

Crypto Mine vs. Climate Law: Can NY Have Both?

The battle over the environmental effects of cryptocurrency mining is getting hot. Currently, in New York State, ambitious climate goals are running up against the energy-intensive needs of crypto operations. Greenidge Generation, a gas-fired power plant that has recently pivoted to primarily focus on Bitcoin mining, sits in the middle...

The Hidden Cost of Bitcoin: Are New York Communities Paying Too Much?

The Hidden Cost of Bitcoin: Are New York Communities Paying Too Much?

We all love innovation, right? The allure of decentralized finance, innovative technology, and perhaps a pinch of that cryptocurrency gold rush excitement. What if that gold rush is doing it while creating a path of pollution, noise and economic burden behind it? Could the future of finance be emerging from...

Bitcoin Mining Faces Community Pushback in Upstate New York

Bitcoin Mining Faces Community Pushback in Upstate New York

Upstate New York is currently experiencing an escalating battle between cryptocurrency mining facilities that have settled in the region and vulnerable communities fighting for their environment and public health. Now companies like Greenidge Generation continue to rush into the region to exploit their dirt cheap electricity. They are facing withering...

Is Bitcoin Mining's Dirty Secret Destroying New York's Green Dreams?

Is Bitcoin Mining's Dirty Secret Destroying New York's Green Dreams?

You’re excited because you realize that New York has turned the corner, is moving full steam ahead to a cleaner, greener tomorrow. Think again. Beneath the surface of solar panels and wind farms, a dirty secret is quietly sabotaging our efforts: Bitcoin mining. And it’s happening right in our own...

NY Bitcoin Boom: Power Plants, Pollution, & Community Revolt

NY Bitcoin Boom: Power Plants, Pollution, & Community Revolt

Bitcoin mining has provided substantial economic opportunities and prospects, but has created a highly controversial political storm over its environmental and social costs. Bitcoin mining operations in New York have been growing like wildfire. This boom has brought with it greater scrutiny around air pollution, GHG emissions, and impacts on...