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Environmentalists See Bitcoin Mining Power Plant as a Climate Threat By CoinQuora

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© Reuters. The Climate Threat – Environmentalists View Bitcoin Mining Power Plant As a Threat to the Environment
  • New York’s 30 mining plants have become a business.
  • Greenidge Generations is one of these plants. They have a unique solution.
  • ● The environmentalist requested to deny the air quality permit of the plant.

According to environmentalists, there are thirty plants that have been turned into mines in New York. Greenidge Generations will also develop a solution for environmentalists.

Additionally, the plant operates a previously-mothballed close to Seneca Lake in finger lakes to produce approximately 44 megawatts of electricity to power 15,300 servers. Plus, more electricity carries into the state’s power grid. These megawatts can power more than 35,000 homes.

Not surprisingly, environmentalists consider the plant a climate risk. More so, the environmentalists requested the state to deny the renewal of the plant’s air quality permit.

However, Greenage’s prepared statement states:

Over the decades, people have been promising this area new businesses and potential opportunities. We are actually making it happen and doing it fully within the state’s nation-leading high environmental standards.

In addition to the permit renewal, New York state is yet to decide on Greenidge’s permits. Greenidge stated that even if the plant ran at full capacity, its potential emissions equate to 0.23% of the state’s target gas emissions reduction for 2030.

Furthermore, the State’s Environmental Commissioner, Seggos asserted, “New York state is leading on climate change, and we have some major concerns about the role cryptocurrency mining may play in generating additional greenhouse gas emissions.”

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