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BBCNEWS Click August 6, 2021 01:44:00

Bitcoin mining operation. we re the first and the only bitcoin mining company that has made that announcement. but you re still putting fossil fuels into the air. you might be offsetting them, but you are still putting fossil fuels into the air. you wouldn t need to offset them if this didn t. right. this is a gas plant and, you know, approximately 50% of the grid in new york state is powered by natural gas. so like all local natural gas plants, whether it s in new york and the rest of the country, this plant does emit carbon. some local politicians, though, are concerned. do you want greenidge to close down? personally, it absolutely should. it should not be using fossil fuel to run these computer processors to benefit a few people on wall street and leaving this for what? for what? it s not worth it. politicians around the world are still trying to work out how to deal with bitcoin s greedy energy consumption. companies like greenidge think that they are the future but plenty of othe ....

Fossil Fuels , Mining Bitcoin , Bitcoin Mining Operation , Natural Gas , Gas Plant , New York , Didn T , New York State , Wall Street , Computer Processors , Energy Consumption ,

BBCNEWS Click June 4, 2024 11:45:00

Some people would think it s absurd that at a time when a lot of people are trying to cut down on their carbon emissions, there s a plant that uses fossil fuels to mine bitcoin. well, i mean, first and foremost, we are 100% carbon neutral in our bitcoin mining operation. we re the first and the only bitcoin mining company that has made that announcement. but you re still putting fossil fuels into the air. you might be offsetting them, but you are still putting fossil fuels into the air. you wouldn t need to offset them if this didn t. right. this is a gas plant and, you know, approximately 50% of the grid in new york state is powered by natural gas. so like all local natural gas plants, whether it s in new york or the rest of the country, this plant does emit carbon. some local politicians, though, are concerned. do you want greenidge to close down? personally, it absolutely should. it should not be using fossil fuel to run these computer processors to benefit a few people on wall stre ....

Fossil Fuels , Mining Bitcoin , Carbon Emissions , Bitcoin Mining Operation , Gas Plant , Didn T , Natural Gas , New York , New York State , Wall Street , Fossil Fuel , Computer Processors ,

BBCNEWS Click June 4, 2024 03:43:00

There are nearly 10,000 bitcoin mining computers here and greenidge wants to build more. the company argues it s greener than bitcoin mines that use coal in the us and china and that they offset their emissions. but they re still pumping out carbon dioxide to make a cryptocurrency. i spoke to greenidge s chief executive, jeff kirt. some people would think it s absurd but at a time when a lot of people are trying to cut down on their carbon emissions, there s a plant that uses fossilfuels to mind bitcoin. fossilfuels to mine bitcoin. well, i mean, first and foremost, we are 100% carbon neutral in our bitcoin mining operation. we re the first and the only bitcoin mining company that has ....

Bitcoin Mining Computers , Mining Bitcoin , Jeff Kirt , Carbon Emissions , Carbon Dioxide , Greenidge S , Mind Bitcoin , Mine Bitcoin , Bitcoin Mining Operation ,

BBCNEWS Click June 4, 2024 14:44:00

The company argues it s greener than bitcoin mines that use coal in the us and china and that they offset their emissions. but they re still pumping out carbon dioxide to make a cryptocurrency. i spoke to greenidge s chief executive, jeff kirt. some people would think it s absurd but at a time when a lot of people are trying to cut down on their carbon emissions, there s a plant that uses fossilfuels to mind bitcoin. well, i mean, first and foremost, we are 100% carbon neutral in our bitcoin mining operation. we re the first and the only bitcoin mining company that has made that announcement. but you re still putting fossil fuels into the air. you might be offsetting them, but you are still putting fossil fuels into the air. you wouldn t need to offset them if this didn t. right. this is a gas plant and, you know, approximately 50% ....

Mining Bitcoin , Jeff Kirt , Carbon Dioxide , Greenidge S , Carbon Emissions , Mind Bitcoin , Bitcoin Mining Operation , Fossil Fuels , Gas Plant , Didn T ,

BBCNEWS Click June 4, 2024 05:44:00

There s a plant that uses fossilfuels to mind bitcoin. well, i mean, first and foremost, we are 100% carbon neutral in our bitcoin mining operation. we re the first and the only bitcoin mining company that has made that announcement. but you are still putting fossil fuels into the air. you might be offsetting them, but you are still putting fossil fuels into the air. you wouldn t need to offset them if this didn t. we right. this is a gas plant and, you know, approximately 50% of the grid in new york state is powered by natural gas. so like all local natural gas plants, whether it s in new york and the rest of the country, this plant does emit carbon. some local politicians, though, are concerned. do you want greenidge to close down? personally, it absolutely should. it should not be using fossil fuel to run these computer processors to benefit a few people on wall street and leaving this for what? for what? it s not worth it. politicians around the world are still trying to work out ....

Fossil Fuels , Mining Bitcoin , Mind Bitcoin , Bitcoin Mining Operation , Natural Gas , Gas Plant , New York , Didn T , New York State , Ewe Right , Wall Street , Computer Processors ,