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New York locals accuse gas-fired mining operation of heating Seneca Lake

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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: ....

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Bitcoin mining takes up a lot of energy. Some cities aren't fans.

Environmentalists and local governments are increasingly worried about the high-energy consumption that comes with producing some cryptocurrencies. In one case, a bitcoin “mining” facility was responsible for a third of a Montana county’s electricity usage. ....

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Crypto mining moratorium bill targets big energy users; Renaissance hedge fund set to own stake in Greenidge

Fingerlakes1.com
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Peter is the creator and editor of The Water Front Online, the region’s only news organization dedicated to environmental issues in the Finger Lakes and Upstate New York. Have a tip? Send it to peter@fingerlakes1.com.
This article first appeared in New York Focus, a website that features investigative reporting on New York State issues.
Following a surge in power-hungry Bitcoin mining that set environmentalists scrambling, New York lawmakers have introduced multiple bills regulating cryptocurrencies late this legislative session.
Anna Kelles (D-Ithaca), a first-term Assemblymember from the Finger Lakes, is leading the charge with her push for a three-year state moratorium on energy-intensive digital asset mining. ....

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Uber, Lyft, Having Conquered California, Woo New York Democrats with Gig-Economy Dollars

Uber, Lyft, Having Conquered California, Woo New York Democrats with Gig-Economy Dollars
By
Robert Galbraith
On 5/25/21 at 3:23 PM EDT
Lyft, Uber, and other allied gig work companies are reportedly nearing a deal with New York state legislators and labor leaders that would allow tech giants to continue classifying their workers as independent contractors rather than employees, and would prohibit newly unionized workers from any picketing, strikes, slow downs, or boycotts, according to leaked language of the state bill.
The potential legislation comes as companies led by Lyft and Uber have engaged in a multi-year, multi-million-dollar political influence campaign in the state and cultivated deep ties to New York Democrats. Their efforts could lead to a radical reshaping of labor relations in a state that has long been a labor stronghold. ....

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As Bitcoin Goes Green, Investors Will Come - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

May 20, 2021
As companies like Ninepoint and Greenridge have demonstrated, Bitcoin is going green. And this will attract more institutional investors.
Ninepoint Partners, a Toronto-based investment firm managing $8 billion in assets, and Greenidge Generation, a New York-based power provider and bitcoin mining company, have each announced that they will be using carbon offsets to compensate for any carbon emissions resulting from their operations, signaling the growth of a significant new trend for the industry.
Carbon offsets allow companies like Ninepoint and Greenidge to pay for a reduction in carbon dioxide emissions somewhere else to compensate for any carbon emissions resulting from their own business practices. ....

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