Mining News

“This is similar to being in the purification”

Credit image: Greenidge Generation

The cryptocurrency mining is prosperous, but not all mining operations flourish in the same way.

The controversial facility in the encryption mining is still near Seneca Lake, New York, although government organizations have repeatedly refused its air statement. Factory operators continue to fight to stay open even as experts warn of its effect on the climate.

What is happening?

Greenidge uses legal calls to continue the operation of the encryption mining facility after New York refused to approve its air statement, I mentioned Ethaka times.

and Air permit It declares the amount of air pollution that the facility can launch. The Ministry of Environmental Preservation in New York is originally Greenidge’s air permit is forbidden In 2022, but Greenidge appealed the decision – not once, however Several times.

December maintained its position with every call, noting that the company does not comply with the state Climate Leadership and Community Protection Law. CLCPA goals Reducing contaminated gases 85 % of 1990 levels by 2050.

Greenide’s reasons for appeal are two parts. According to the Ethaka Times conditionThe company insists on that Investments in carbon reduction projects Compensation of carbon pollution it produces. Greenidge also believes that CLCPA instructions should not be able to dictate DEC decisions.

However, those who are fighting to close the factory, mainly assert that such efforts should not pay attention from the fact that there is a high plant in their society that does not directly serve many of their residents.

“This is similar to being in the purification,” He said Sinika Lake, co -founder, co -founder, iPhone Taylor. “We continue to win, but Greenide continues to find ways to fight dirty and prolong the process.”

Why is this anxiety?

Exaggeration of encryption eats as much as he eats 2.3 % of energy consumption in the United StatesAlthough there are many diluted factors in playing, such as the fact that many mining operations work on excessive strength that can be lost in another way, something that Greenidge does not do.

Many encryption companies also produce their renewable energy, which is a smart investment due to the long -term reduction. However, research From the International Monetary Fund, which was found that encryption mining could produce 0.7 % of global carbon pollution by 2027.

December has constantly denied Greenidge’s calls for a good reason: the facility is not in line with the state’s admission agenda. Despite her efforts to compensate critics, they say to a large extent Green washGreenidge produced the same amount of pollution as 84,000 vehicles in 2023 alone, according to Assembly member, New York Anna Kils.

The problem is that the facility can continue to work in work through the appeal process and contribute to The harmful effects of encryption mining.

“Greenedge is trying to destroy the New York Climate Law” by continuing to appeal, to caution Taylor. Kelles added that Greenidge intentionally used its calls to “out” the operation and continue to profit with the environment on the rear stove.

What is done to curb the pollution of encryption mining?

Many countries have suggested similar climate regulations to New York, which affects the encryption mining industry. For example, and Bill Arkansas It aims to reduce the amount of water and electricity mining facilities. Texas requires encryption mining facilities to register with the state network operator if they use more than 75 megawatts of power, according to condition From Texas Tribune.

While these efforts indicate progress, environmental defenders are calling for stronger regulations and more strict gaps to prevent encryption mining from climate targets. Motivating sustainable companies for encryption It can also reduce the impact of industry on the environment.

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