greenidge generation

The New York senator acknowledged the effort to implement a moratorium on some cryptocurrency mining in New York.

Williams said he’s not against cryptocurrency mining altogether, but wants companies to reevaluate their mining process so it doesn’t use as much electricity.

A debate over cryptocurrency mining on Seneca Lake turned into a broader test of the state’s climate law. That test is likely to come to a head in 2022.

The move comes as the DEC is considering renewal of the air pollution permits for Greenidge Generation, a power plant and cryptocurrency mining operation in Yates County.

The IBEW’s now outspoken support of Greenidge indicates that opponents may face a broader front in their efforts to pass legislation implementing a moratorium on cryptocurrency mining.

"All eyes are on what happens with this particular facility."

The DEC requested Greenidge specifically outline how its operation will meet the state’s emissions goals under the Climate Leadership and Community Protection Act.

A few dozen protestors stood outside the meeting holding signs as members of the planning board entered the building.