New York State Slings Arrow At Bitcoin Mining

Dhanisa Mashilfa

This is an belief editorial by Rick Mulvey, writer of The Fraud Inside of and contributor to Bitcoin Magazine.

New York State’s Office of Environmental Conservation dealt another blow to the upstate Greenidge Making Facility, which makes electricity for the power grid and also mines bitcoin.

Greenidge stated that the decision, declared on Thursday, to deny them a new “Title V” Air Emissions permit will “not have any impression on our present-day operations.”

The company, located in New York’s Finger Lakes region, explained it will proceed to work its natural gas-fired plant as it appeals DEC’s decision. In a assertion, the business stated “We can proceed working uninterrupted below our present Title V air permit, which is however in effect, for as long as it takes to effectively problem this arbitrary and capricious determination.” The organization said its intention to go after lawful steps if their enchantment is not prosperous.

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