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North Tonawanda residents and environmental advocates on Thursday again urged New York State to take action against an Erie Avenue cryptomining site that has become a growing source of noise
Gov. Hochul says a bill to put a moratorium on proof-of-work crypto mining remains under consideration.
The Department of Environmental Conservation has denied air permits for a cryptomining operation in the Finger Lakes.
New York State’s environmental regulators are skeptical about whether Greenridge can meet emissions requirements to renew its air pollution permits.
Cryptocurrency and other popular blockchain applications captured global economy’s attention. As the value of cryptocurrencies slid from their all-time highs, the promise of these digital assets and the infrastructure being developed to support them has been transformative.