Crypto industry finds itself in the thick of local fights over greenhouse gas emissions
— Greenidge generation, Ambitious carbon, Thursday, Professor, Means, Made, Spreading like, Debate, Digital currencies like bitcoin, Little backyard mines — 1 min read
Upstate New York officials decide not to renew an air permit for a coal-fired power plant. The plant burns fossil fuels to mine for digital currencies like bitcoin. New York has among the most ambitious carbon-reduction goals in the country. A crypto mining industry is also fighting a two-year statewide moratorium on repurposing fossil-fuel burning plants for crypto mining. Activists say they don't want to see this continue to be a town-by-town fight, but a broader moratorium isn't necessary, a crypto industry expert says.“These cryptocurrency miners are spreading like a cancer across the United States’s borders,” a local activist says, “They’re not the little backyard mines we saw perhaps four or Source