Cryptocurrency

2 posts
Clean Energy

The New York Department of Environmental Conservation Denies an Air Quality Permit to a Cryptocurrency Mining Facility, Citing Sabin Center White Paper

By Jacob Elkin On June 30, 2022, the New York Department of Environmental Conservation denied Greenidge Generation LLC’s application to renew a Title V air quality permit for the Greenidge Generating Station. The facility, previously permitted as a natural gas-fired “peaker” plant, has recently ramped up its power generation to […]

New Sabin Center White Paper Assesses the New York State Executive Branch’s Authority to Enact a Moratorium on the Permitting of Consolidated Proof-of-Work Cryptocurrency Mining Facilities

By Jacob Elkin As cryptocurrency has increased in popularity and cryptocurrency mining facilities have expanded their energy consumption, some fossil fuel power plants in New York have ramped up energy generation to provide behind-the-meter power to cryptocurrency miners. Increased power generation to fuel cryptocurrency mining has significant environmental impacts, leading […]