A New York judge has rejected an effort by state regulators to shutter a bitcoin mine over concerns about its greenhouse gas emissions.
A coastal flood advisory and a rip current statement in effect for Nassau, Coastal, Inland and St. Johns, Coastal, Inland Regions
The decision was hailed as a victory by Greenidge Generation, a large-scale crypto mine in the Finger Lakes region that hasLike other large-scale crypto-mining operations, Greenidge relies on thousands of electricity-guzzling computer servers that generate bitcoin by solving complex equations. To power those servers, Greenidge uses a former coal-burning plant that was converted to natural gas in 2017 after years of disuse.
A coalition of environmental groups, meanwhile, allege Greenidge is pumping millions of pounds of carbon dioxide into the air, while contaminating the nearby Seneca Lake with daily discharges of heated water required to run the plant.
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