Page 9 - Mining Bitcoin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. 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 and the rest of the country, this plant does emit carbon. some local politicians, though, are concerned. do you want greeni...

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 5...

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...

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% carbo...