Bitcoin-Mining Power Plant Stirs Up Controversy

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(Image credit: Greenidge)

Bitcoin mining is an incredibly resource-intensive process. So what better place to do it than an abandoned power plant? Well, as New York Focus reported this week, Finger Lakes environmentalists think the answer is “pretty much anywhere else.”

The conflict revolves around a power plant on New York’s Seneca Lake called Greenidge. The company’s website says the plant was opened in 1937, shuttered in 2009 and purchased by new owners in 2014. Those owners started mining Bitcoin in 2019.

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