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Bitcoin mining plant accused of turning New York lake into a ‘hot tub’
A new gas-fired power plant run for the purpose of mining bitcoin has been accused of turning a lake in New York into a “hot tub”. Private equity firm Atlas Holdings is running the gas-fired plant …
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New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York.
On a daily basis, the Greenidge plant is permitted to withdraw 139 million gallons of water from the lake and discharge 134 million gallons of water. The plant is also allowed to discharge water with a temperature of up to 108 degrees Fahrenheit (F) in the winter, and up to 86F in the summer.
The residents of Dresden have expressed concern over the rising temperatures of the lake. The sustainability of trout species that populate the lake is a key concern for locals, with the fish thriving in temperatures between 52F and 64F, while levels above 75F are lethal for some species. On Monday, local homeowner Abi Buddington told NBC:
05 July 2021, 09:07 pm
Finger Lakes was claimed by locals to being destroyed as of the moment, and they have been pointing out to the leading cryptocurrency, Bitcoin, and its mining plant near the area. Residents have been blaming Bitcoin for the changes in the lake, and these said locals have been experiencing a new kind of warmth in the lake, which was never before felt or experienced.
In other countries like in Latin America s El Salvador, Bitcoin is a celebrated cryptocurrency where it is fully embraced by its government, going as far as giving people $30 worth of the coins, and having ATMs for it.