New York state is denying a critical permit for a controversial bitcoin mining operation. Officials say the business in the state’s Finger Lakes region is not meeting state climate laws. NBC’s Gretchen Morgenson reports.
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New York Denies Air Permit To Bitcoin Mining Plant On Seneca Lake Amid State Climate Laws
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It turns out the normal banking systems use energy similarly! These untruthful news agency are stupid!
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So…. a company is denied a operation permit because an existing power plant that they would be purchasing electricity from isn't "Climate Friendly" according to the NY Politburo? Oh, okay.
I thought Bitcoin was different because you don't need an actual coin to use it. So people need actual hard copies of a coin?
Bitcoin mining literally does nothing good for society. Wastes energy for a few people to get some money and give nothing to society while doing so.
This an electrical generating plant that provides to a bitcoin (computer using electricity) company "mining" on the internet? It's not a "bitcoin mining plant" Geez!!!!! English grammar, please!!!!
And I wonder if the DEC cites that this plant is dumping TONS OF BOILING WATER into the river/lake which has been decimating wildlife.
It is quite a conundrum. This generation is all about "Save the Earth", the Green New Deal. Yet, have they actually looked at how resource intensive the blockchain is?
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