Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Cryptocurrency miner challenges New York climate law powers
    Cryptocurrency

    Cryptocurrency miner challenges New York climate law powers

    August 19, 20242 Mins Read


    ALBANY, New York — The owner of a gas-powered cryptocurrency mining operation says New York’s environmental agency can’t refuse to issue permits based on the state’s climate law, challenging the agency’s effort to shut it down.

    Greenidge, a publicly traded company, filed a lawsuit against the Department of Environmental Conservation in Yates County on Thursday. It’s the latest effort by the company to keep the plant running after DEC denied an air permit renewal, citing the increased emissions due to the more frequent use of the plant to operate computers to earn cryptocurrency.

    DEC has told the company it must shut by Sept. 9, when its air permits expire.

    “When we are in front of courts of law and out of politically biased and ad hoc DEC processes, the facts actually matter and the courts continue to recognize our facility meets the letter and intent of state and federal laws,” said Dale Irwin, president of Greenidge Generation. “This is an important case for Upstate New York: for working locals who’ve waited far too long for the type of high-tech, high-paying career opportunities we continue to create, for local businesses and unions we partner with, and for the local communities that benefit from the significant share of county tax revenue we are generating.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The rise of Polymarket, the cryptocurrency-based betting site for current events

    Cryptocurrency

    AML Union Introduces Enhanced Transparency Measures Within Its Cryptocurrency Recovery Framework

    Cryptocurrency

    State of the Law: Regulating cryptocurrency

    Cryptocurrency

    Pi cryptocurrency slides 95% as investor confidence fades a year after debut

    Cryptocurrency

    Prediction: This Cryptocurrency Could Soar 257% in 2026

    Cryptocurrency

    Analyzing Cryptocurrency Exchanges by Volume: A 2026 Guide

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    EACON drives autonomy at high-altitude copper mine

    Commodities

    Cameroun : 12 milliards USD pour raccorder 8 millions de personnes d’ici 2030, le pari de l’émergence énergétique

    Cryptocurrency

    Europol Operation Disrupts $55m in Cryptocurrency for Piracy

    Editors Picks

    Cybercriminals Target Sinqia S.A., The Brazilian Subsidiary Of Fintech Evertec, In $130 Million Heist Attempt

    September 3, 2025

    Tyson Fury’s life since retirement including new business pursuit after doubling his net worth

    December 7, 2025

    Two bio-breeding labs launched to boost BRI agricultural cooperation

    June 27, 2025

    Firm reiterates commitment to transforming Nigerians’ real estate

    July 16, 2024
    What's Hot

    Will electric vehicles be the killer app for Silver?

    August 19, 2024

    Chinese experts contribute to agricultural upgrade in Rwanda

    August 20, 2024

    A Blend of Secure Centralized and Decentralized Crypto Trading

    July 24, 2024
    Our Picks

    Digitalisation de l’épargne : Malakoff Humanis s’empare de la jeune pousse Mon Petit Placement

    May 6, 2025

    ‘Game changing’ DSO option confirmed for American West’s Storm copper play

    August 12, 2024

    la production de Seplat au Nigeria a augmenté de 11% en 2024

    March 4, 2025
    Weekly Top

    Gold, Silver Rate Today Live Updates: Gold, silver prices resume uptrend on safe haven demand

    February 23, 2026

    gold silver rising while platinum copper fall: Why gold and silver prices are rising while platinum and copper prices are falling — amid Wall Street uncertainty and today’s stock market crash, are precious metals the best investment right now?

    February 23, 2026

    Collaboration aims to simplify solar energy adoption for businesses

    February 23, 2026
    Editor's Pick

    Now, a digital currency to curb social evils

    April 23, 2025

    Trump’s Fossil Fuel Expansion Could Derail Clean Energy Momentum

    January 21, 2025

    XAG/USD surges to $93.50 record, $100 in sight

    January 14, 2026
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.