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New York denies permit renewal for bitcoin
mining company, calling it threat to state's
climate goals

Original Article

Posted By: NorthernDog, 7/2/2022 10:06:22 PM

Albany, N.Y. — New York officials denied required air permit renewals Thursday to a bitcoin-mining power plant on the grounds that it was a threat to the state's climate goals. The permitting decision was another example of New York putting the brakes on a cryptocurrency bonanza that has alarmed environmentalists. It also comes at a time when cryptocurrency prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny. The state's permitting decision involved Greenidge Generation, an old coal-fired plant by the shore of Seneca Lake that had once been shut down, but was converted from coal to

Comments:

They plan to keep operating the plant while challenge Herr Hochul's actions. My guess is that jobs are scarce in rural NY, but enviros want more facilities shut down.

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Reply 1 - Posted by: DVC 7/2/2022 10:54:40 PM (No. 1204821)
Crypto has always been a scam.
10 people like this.

Reply 2 - Posted by: JimBob 7/3/2022 12:46:00 AM (No. 1204847)
Yep! Crypto is a scam, and the whole Glo-Bull Warming cult is a much Bigger and more Evil SCAM!
14 people like this.

Reply 3 - Posted by: 24tea@Mag 7/3/2022 12:56:08 AM (No. 1204849)
These loons are brain washed on the climate - take Kerry with you and leave the country.
11 people like this.

Reply 4 - Posted by: F15 Gork 7/3/2022 7:02:10 AM (No. 1204929)
Anything based on nothing is worth nothing.....
6 people like this.

Reply 5 - Posted by: lakerman1 7/3/2022 7:28:09 AM (No. 1204945)
Anyone who built a fortune with Bitcoin deserves to lose that fortune. Bitcoin is a scam, not really different than a chain letter, or a pyramid scheme. As far as this particular operation in Hochul Hell, previously known as New York, they can run this scam anywhere there is electricity and an internet connection. The owners of the bitcoin generating plant should be glad Hochul is denying the permit.
2 people like this.

Reply 6 - Posted by: sw penn 7/3/2022 7:49:47 AM (No. 1204967)
So much for setting up a used Dell in the bedroom corner to mine BitScam...
3 people like this.

Reply 7 - Posted by: paral04 7/3/2022 10:08:54 AM (No. 1205111)
NY needs to worry more about lowering their murder and robbery rates. Perhaps throw in some honest politicians while they are at it.
3 people like this.

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