sustainability

Bitcoin's Back! Montana Mine Signals Green Future (Or Is It?)

Bitcoin's Back! Montana Mine Signals Green Future (Or Is It?)

A Bitcoin mine in Montana rumbles back to life. Ten megawatts humming, S19j Pro Antminers whirring. Hyperscale Data's Sentinum subsidiary is back in the game, chasing Bitcoin's rising price. CEO Will Horne, seen above, is understandably thrilled, speaking about having “pretty tremendous dynamics… going on right now” and record revenues....

Is Bitcoin Mining Poisoning Our Lakes? The Greenridge Scandal Explained

Is Bitcoin Mining Poisoning Our Lakes? The Greenridge Scandal Explained

(Insert compelling image here: Juxtapose a beautiful shot of Seneca Lake with a grimmer image of the Greenridge facility. Imagine a two-minute video capturing the beauty of the lake, and interviewing residents worried about their drinking water.Picture this—having to turn on your tap, only to not know if the water...

Bitcoin Mine's Spill Fuels Water Concerns on Seneca Lake

Bitcoin Mine's Spill Fuels Water Concerns on Seneca Lake

Residents around Seneca Lake have been sounding the alarm for their drinking water. Their worries follow an explosion and fire at the Greenridge Generation bitcoin mining facility. The bitcoin mining facility in the former coal power plant. It may be a small facility, but it’s located just outside of Dresden...

Seneca Lake Oil Spill: Is Bitcoin Mining's Risk Worth the Reward?

Seneca Lake Oil Spill: Is Bitcoin Mining's Risk Worth the Reward?

The recent oil spill at the Greenridge Generation bitcoin mining facility near Seneca Lake has reignited a crucial debate: are the economic benefits of this industry truly worth the potential environmental cost? We have to be willing to have an honest and open discussion about that.Economic Boom Or Environmental BustLet's...

Bitcoin Mining Spill: Is Seneca Lake's Water at Risk?

Bitcoin Mining Spill: Is Seneca Lake's Water at Risk?

An oil spill has recently been reported at the Greenridge Generation bitcoin mining facility on the shores of Seneca Lake. Local residents are concerned about potential drinking water contamination from new industrial activity and are demanding better transparency and regulatory oversight. This incident, coupled with the anniversary of a previously...

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...

Yates County Crypto Mine: Is Seneca Lake at Risk?

Yates County Crypto Mine: Is Seneca Lake at Risk?

The fight against an unsustainable crypto mine at Greenidge Generation on the banks of Seneca Lake in Yates County, New York is picking up. This ongoing debate highlights important issues regarding environmental justice and the long-term viability of cryptocurrency mining. At KnowingCoin.com, we focus on what really matters. We lay...

Greenidge Mine Fight: What's Next for Yates County?

Greenidge Mine Fight: What's Next for Yates County?

The Greenidge Generation crypto mining facility as seen on July 22, 2021, in Dresden, Yates County, New York. It continues to be at the focus of today’s hot debate. Unfortunately, this facility is currently powered by fracked natural gas. It has drawn fierce criticism for its huge carbon emissions and...

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...

Crypto Rescue Chain A Lifeline or Overhyped Savior?

Crypto Rescue Chain A Lifeline or Overhyped Savior?

At its inception, the crypto world sold us a dream of decentralization, empowering everyone and escaping the grasp of big finance. Today, it all seems like the digital Wild West. After all, fortunes can go up in smoke quicker than you can say “rug pull!” We’ve all heard stories from...