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Bitcoin-mining power plant raises ire of environmentalists. But Greenidge has said it’s in compliance with its permits and that the plant is 100 percent carbon neutral, thanks to the purchase of carbon offsets, such as forestry programs and projects that capture methane from landfills.

Bitcoin-mining power plant raises ire of environmentalists. But Greenidge has said it’s in compliance with its permits and that the plant is 100 percent carbon neutral, thanks to the purchase of carbon offsets, such as forestry programs and projects that capture methane from landfills.



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  1. tldr; Greenidge Generation runs a power plant in upstate New York that produces 44 megawatts to run 15,300 computer servers, plus additional electricity it sends into the state’s power grid. Bitcoin mining at the plant, which has a 106-megawatt capacity, started in earnest last year. Environmentalists see the plant as a climate threat, asking the state to deny renewal of the plant’s air quality permit.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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