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Greenidge Generation is leasing a majority of its miners to another company in order to reduce its debt burden.
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The Seneca Lake power plant and Bitcoin mining facility is installing wedge wire screens on its intake pipe, a complaint of environmental activists.
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Greenidge Generation is attempting to restructure millions of dollars in debt in exchange for cryptocurrency mining capacity at its facilities.
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The DEC maintained its previous position that the facility did not comply with New York’s statutory climate goals.
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Environmental activists call the move "political."
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The New York senator acknowledged the effort to implement a moratorium on some cryptocurrency mining in New York.
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The report compares the legal process for implementing a moratorium to the one that was used to temporarily halt high-volume hydraulic fracturing, or fracking, in 2010.
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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.
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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.
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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.