New York authorities are cracking down on crypto mining, denying an air permit for a power plant they say generates electricity mainly for mining bitcoin. The state cited concerns about climate change amid a community outcry. Last June, NBC News looked at the Greenidge Generation Plant on Seneca lake, which was closed permanently but resurrected six years later by a private equity firm installing thousands of power-guzzling computer servers mining bitcoin. New York authorities cracked down on crypto mining, denying an air permit for the power plant. Governor Hochul now faces the critical decision on whether to sign the nation’s first partial moratorium on new crypto mining powered by fossil fuels.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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    #powerplant #ny #bitcoin

    Power Plant Using More Electricity For Bitcoin Mining Denied Air Permit

    29 Comments

    1. The whole climate change scam was cooked-up lazy scientists who cooked-up the scheme to get billions in grant money in lieu of getting real jobs. The power-hungry democrats went along with the scam as doling out billions puts them in a position of power and gives them the opportunity to enrich their family members, friends and donors.

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    5. How can you guys deny the permits while Biden push for EV cars. Now semi trucks coming, semi trucks will requires a lot of electricity. You guys want it so bad and forgot about how much coals are gonna be burned. Nuclear energy will be banned. So, we will be so heavily depend on coals. We need gas and electric to balance it out. Biden's too stupid to see that. Toyota tried to warn but he's too stupid to listen. He can't shut down gas 100% completely. Set a goal as technology picks up. Biden forced us to buy EV cars and most of us can't afford it. Government should give us EV cars for free.

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    9. That's fine New York. Texas Will welcome the money and business. Stop trying to destroy our constitution and union. The American people will turn on you! Biden government doesn't have the peoples support!

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