The New York State Department of Environmental Conservation (NYSDEC) has delayed its decision on whether to allow Greenidge Generation to continue using its power plant in the city of Dresden for bitcoin mining, Bloomberg reported.
- The decision is now expected to come on March 31, two months later than originally planned, according to the report.
- The delay will help NYSDEC complete its review with public comment, Bloomberg said, citing a spokesman.
- The miner applied last year to renew his permits for the plant, the first time it has been renewed since he boosted bitcoin mining operations.
- On Jan. 16, Greenidge said that due to high electricity demand resulting from recent cold weather, the company temporarily scaled back its cryptocurrency mining operations in Dresden on Jan. 15 to supply its entire electricity production capacity to the system operator. independent from New York.
- On Dec. 2, US Sen. Elizabeth Warren (D-Mass.) questioned the environmental footprint of Greenidge Generation (GREE) bitcoin mining in New York in a detailed letter. The senator then targeted six other crypto miners questioning their power consumption.