Companies are coming to New York State and want to re-open formally decommissioned dirty power plants in order to generate electricity for their private cryptocurrency mining operations.
The kind of cryptomining used to make Bitcoin and other cryptocurrencies uses hundreds of computers to solve complex math equations. These computer farms are extremely energy intensive. Reporting has uncovered that, globally, this practice consumes more power than some entire countries.
If power plants are allowed to be repowered and used for Bitcoin mining operations in New York, it would pollute our air and water, while drastically undermining the state’s climate goals established under the Climate Leadership and Community Protection Act.
The Greenidge facility, based in the Finger Lakes region, is the first test case for how Governor Hochul will approach cryptocurrency mining and its threat to New York’s climate goals. The plant’s air quality permit is now up for review by Hochul’s Department of Environmental Conservation until October 22nd.
Please call Governor Hochul at 877-235-6537 and urge her to stop bitcoin mining operations in New York, starting with the denial of the permit for Greenidge and the upcoming permit for Fortistar, and to place a moratorium on cryptocurrency mining statewide!