New York officials denied required air permit renewals Thursday to a bitcoin-mining power plant on the grounds that it was a threat to the state's climate goals.
The state's permitting decision involved Greenidge Generation, an old coal-fired plant by the shore of Seneca Lake that had once been shut down, but was converted from coal to natural gas several years ago and began bitcoin mining in earnest in 2020.
Greenidge Generation bitcoin mining facility, in a former coal plant by Seneca Lake in Dresden, New York, is shown in this photo from November 2021."Instead of helping to meet the current electricity needs of the state as originally described, the facility is operating primarily to meet its own significant new energy load," the agency said in its letter to the company.
Climate activists who see Greenidge as a test case had asked Gov. Kathy Hochul's administration to deny renewal of the plant's air quality permit and to block similar projects.
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