Local environmental groups file lawsuit against Greenidge
Another lawsuit was filed against Greenidge Generation today on behalf of local non-profit groups in an effort to shut down the facility's crypto-mining operation. For their part Greenidge officials say they are not concerned.
New York to Become First State in the Nation to Limit Cryptocurrency Mining Methods
New York is one signature away from becoming the first state in the nation to restrict the nature of cryptocurrency mining after state lawmakers worked into the morning to approve a two-year moratorium.
NY Supreme Court Judge Rules in Favor of Greenidge Generation in Legal Decision
YATES COUNTY, NY (WENY) -- A Supreme Court judge in Yates County has dismissed a motion for an Article 78 proceeding against Greenidge Generation, the town of Torrey, and the Torrey Planning Board.
DEC Decision on Greenidge Generation Permit Renewals Delayed Again
A decision by the New York State Department of Environmental Conservation on whether or not to approve permit renewals for a natural gas power plant and Bitcoin mining facility in Yates County is on hold yet again.
NYS Assembly Committee Advances Cryptocurrency Mining Moratorium Bill
The Environmental Conservation Committee of the New York State Assembly has voted to advance legislation that would establish a moratorium on proof-of-work authentication methods for blockchain cryptocurrency mining.
Environmental Groups File Motion for Preliminary Injunction to Halt Greenidge Bitcoin Expansion
YATES COUNTY, NY (WENY) -- Several environmental groups and residents across the Finger Lakes have filed a motion for a preliminary injunction against a Bitcoin mining operator on Seneca Lake.
The Future of Bitcoin Mining in New York
NEW YORK(WENY)-- As cryptocurrency becomes more and more popular across the globe more and more Bitcoin mining operations continue to pop up throughout the United States. Originally China was the main Bitcoin mining hub but due to the impact it has on the environment, China started to enact regulations and moratoriums.
Greenidge Generation Announces it Will Become Carbon Neutral
DRESDEN, N.Y(WENY)— *WENY News reached of to Greenidge Generation for a response but besides the press release received no reply. On May 13th Elon Musk announced that you could no longer purchase from Tesla using Bitcoin. Following this announcement, Dresden mining operation , Greenidge Generation, announced it will be carbon neutral by June 2021.
Anna Kelles Proposes Cryptocurrency Mining Moratorium
NEW YORK-- Assemblywoman, Anna Kelles of the 125th district, is presenting a new bill in the New York State legislature, seeking to put a three-year moratorium on cryptocurrency mining. “This bill is pretty straightforward, it would put a moratorium on cryptocurrency mining facilities and would require a full general environmental impact assessment,” said Kelles.
Schuyler County Requests Statewide Regulations on Cryptocurrency Mining
SCHUYLER COUNTY, N.Y.(WENY)-- Monday, May 10th, the Schuyler County legislature voted 8-0, passing a resolution that is asking the New York State Department of Environmental Conservation, to take a deeper look at the cryptocurrency mining industry as a whole.
Mining Controversy Part 6: The Future of Industry in the Region
DRESDEN, N.Y. (WENY) -- Greenidge Generation, a bitcoin mining facility based on the edge of Seneca Lake in Dresden New York, is currently home to 7,000 bitcoin mining machines and growing. During a recent Town of Torrey planning board meeting, Greenidge was approved to add in four buildings on the west side of its electrical generation facility. These buildings will be home to 10,000 additional bitcoin miners. The 7,000 miners that are operating at the facility now use aroun...
Mining Controversy Part 5: Tourism in the Finger Lakes Region
DRESDEN, N.Y. (WENY) -- With over 100 wineries, breweries, cideries, and distilleries scattered throughout the Finger Lakes region, the tourism industry draws in millions of visitors and billions of dollars in revenue for the economy.
Mining Controversy Part 4: Climate Leadership and Community Protection Act
DRESDEN, N.Y. (WENY) -- Bitcoin Mining has just recently started to become popular in North America, and the Finger Lakes region could be the next hot spot because of its cool climates, rugged terrain and abundance of water for hydroelectric power.
Mining Controversy Part 3: Seneca Lake Aquatic Life
DRESDEN, N.Y. (WENY) -- One of the primary concerns raised about Bitcoin mining is that it can be environmentally taxing. At Greenidge Generation’s facility in the town of Torrey, in Yates County, 7,000 Bitcoin mining machines are running 24/7.
A Win for Industry: Town of Torrey Votes in Favor of Greenidge Generation Proposal
DRESDEN, N.Y.(WENY)-- Monday, April 19th the Town of Torrey Planning Board voted in a four to one decision to allow Greenidge Generation to move forward with its expansion proposal. This proposal will allow Greenidge Generation to build four buildings on the west side of its electrical generation plant.