New York State Slings Arrow At Bitcoin Mining

New York State Slings Arrow At Bitcoin Mining

That is an opinion editorial by Rick Mulvey, writer of The Fraud Inside and contributor to Bitcoin Journal.

New York State’s Division of Environmental Conservation dealt one other blow to the upstate Greenidge Producing Facility, which produces electrical energy for the facility grid and likewise mines bitcoin.

Greenidge said that the choice, introduced on Thursday, to disclaim them a brand new “Title V” Air Emissions allow will “not have any affect on our present operations.”

The agency, situated in New York’s Finger Lakes area, stated it’ll proceed to function its pure gas-fired plant because it appeals DEC’s resolution. In a press release, the corporate stated “We are able to proceed working uninterrupted below our current Title V air allow, which continues to be in impact, for so long as it takes to efficiently problem this arbitrary and capricious resolution.” The corporate said its intention to pursue authorized actions if their attraction shouldn’t be profitable.

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