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A New Threat to New York''s Clean Energy Goals: Bitcoin Mining

 · A New Threat to New York''s Clean Energy Goals: Bitcoin Mining. Peter Mantius / April 13. A Finger Lakes power plant plans to ramp up energy-intensive Bitcoin mining. If the state allows it to proceed, environmentalists warn dozens of fossil-fueled plants could follow. A decade ago, the bankrupt owner of the Greenidge power plant in Dresden ...

123-Year-Old Hydroelectric Plant Sees New Life Mining ...

 · Bitcoin News. On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins.

Home | Greenidge

A Powerplant-Cryptocurrency Mining Hybrid Located in Upstate New York, Greenidge is the world''s first fully compliant powerplant-cryptocurrency mining hybrid.

County, open space district seek to protect ridge from mining

 · The company wants to expand excavation of the north highwall of the North Quarry Pit; expand surface mining in the new 30-acre Rock Plant Reserve Area …

New York Power Plant Sells 30% of Its Bitcoin Mining ...

 · Read more: A New York Power Plant Is Mining $50K Worth of Bitcoin a Day. That said, with the Bitcoin network''s halving event approaching in …

Historic Power Plant Decides Mining Bitcoin Is More ...

 · Bitcoin mining is an energy-intensive operation that requires a lot of powerful equipment. Criticism of the cryptocurrency''s environmental impact has led to renewed pushes for it to be mined using renewable energy sources like this hydroelectric plant in New York or a …

How Bitcoin revived Greenidge Generation, a coal plant on ...

 · In April, a cryptocurrency mining company called Digihost moved to acquire a 55-megawatt natural gas-fired plant in Niagara County, New York. It …

Locals say bitcoin mining operation is ruining one of the ...

 · Last week, Greenidge announced a new bitcoin mining operation at a retired printing plant Atlas owns in Spartanburg, South Carolina. In March, Greenidge said its Bitcoin mining …

Lithium Mining Projects May Not Be ...

 · The Salton Sea is one of numerous new mining proposals in a global gold rush to find new sources of metals and minerals needed for electric cars and renewable energy. ... Geothermal plants produce ...

In the News | Greenidge

 · Greenidge provides world-class mining facilities, management, and support for the colocation of cryptocurrency mining equipment.

Bitcoin Mining Makes Seneca Lake ''Feel Like Hot Tub''

 · At first the plant only generated energy for the grid when demand was high, but in 2019 Greenidge started using the plant to power bitcoin mining to make higher profits from surplus energy.

The Mosaic Company | Potash Mining | Phosphate Mining ...

 · Our Business. Mosaic mines, produces and distributes millions of tonnes of high quality potash and phosphates products each year. Without fertilizers, the world''s crop yields would be cut in half, and farmers around the world look to Mosaic to help keep their soils healthy, to nourish their crops and to maximize their yields.

A New York Power Plant Is Mining $50K Worth of Bitcoin a ...

 · The plant used to only open at peak times in the summer and winter months; the new mining initiative means it now operates all year round. The server farm currently consumes 14 megawatts of the ...

The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of ...

 · 123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid. On Thursday local reports from Mechanicville, the city located in Saratoga County, New ...

Bitcoin miner Marathon signs for coal-fired electricity in ...

 · The new Marathon facility, built on 20 acres next to the Hardin plant, will be Marathon''s second. It already operates a 2MW, 26,700 sq ft data center in Granby, in Quebec, Canada. According to Marathon''s site, Granby runs 1,400 Antminer S9 miners, which consume 1.3kW each.

Private-equity firm revives zombie fossil-fuel power plant ...

 · Over time, it sold less electricity to the grid, devoting more and more power to its mining operations. The plant''s shift to bitcoin-only operation comes at a time when New York state is ...

Down on the Farm That Harvests Metal From Plants

 · Phytomining, or extracting minerals from hyper-accumulating plants, cannot fully replace traditional mining techniques, Dr. Baker says. But the technology has the additional value of enabling ...

123-Year-Old Hydroelectric Plant Sees New Life Mining ...

 · 123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid . On Thursday local reports from …

Historical New York power plant resorts to mine Bitcoin ...

 · The plant''s historical status recently received a nod after being listed on the National Register of Historic Places. Notably, the mined Bitcoin is also sold due to the cryptocurrency market volatility.. Furthermore, renewable energy has set the plant apart from the other mining initiatives within the New York upstate area.

Friday Photos: Construction Underway on Largest New Urban ...

 · Construction Underway on Largest New Urban Manufacturing Plant in US Komatsu Mining building $285 million manufacturing and office complex in Harbor District. By Jeramey Jannene - Sep 4th, 2020 05 ...

A power plant in New York ramped back up to mine Bitcoin ...

 · A power plant in New York ramped back up to mine Bitcoin, but opponents are pushing back. Greenidge Generation currently employs 7,000 bitcoin miners to use 14 MW, generated from natural gas on ...

Cleveland-Cliffs'' $100 million plant to use new ore ...

 · Cleveland-Cliffs'' new $100 million plant on the Iron Range will be the first in the country to use an improved technology that produces a special type of higher-quality iron-ore pellet. The Silver ...

$700 Million Bitcoin Mining Farm Coming to Upstate New York

 · New York state could soon be home to the world''s largest bitcoin mining center. | Source: Pixabay The old Alcoa plant shuttered in 2014, but Coinmint has signed a 10-year lease on the property, signaling its confidence that despite bitcoin''s recent price slump, it …

Greenidge''s bitcoin mining ambitions are headed for ...

 · The mining activity is exceptionally profitable, thanks to an 800 percent rise in Bitcoin''s price since last April. Seeking to ride the boom, the plant''s new owners plan to quadruple the power used to process Bitcoin transactions by late next year.

Mechanicville hydro plant gets new life

 · Mechanicville hydro plant gets new life Some of the energy is now mining bitcoin. Kathleen Moore. July 8, 2021 Updated: July 8, 2021 8:25 a.m. ... Mining …

Bitcoin Miners Are Giving New Life to Old Fossil-Fuel ...

 · 361. Across America, older fossil-fuel power plants are shutting down in favor of renewable energy. But some are getting a new lease on life—to mine bitcoin. In upstate New …

Bitcoin-Mining Power Plant Stirs Up Controversy | Tom''s ...

 · 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 the facility in 2019. Those owners started ...

Power plant using whole output to mine crypto | Boing Boing

 · Power plant using whole output to mine crypto. Rob Beschizza 6:13 am Mon May 10, 2021. A bankrupt power plant in the Finger Lakes region of New York was brought back online by new …

New York Hydroelectric Power Plant to Power Bitcoin Mining ...

 · Energy from a historically-preserved hydroelectric power plant in Mechanicville, New York, will now be used to power Bitcoin. Albany Engineering Corp. makes three times as much producing bitcoin than selling to the National Grid. The plant''s operators have a complex historical relationship with the National Grid. promo.

123-Year-Old Hydroelectric Plant Sees New Life Mining ...

 · On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant

Crypto Firms Are Buying Old Industrial Buildings for Mines

 · Mining cryptocurrencies takes a lot of energy, so companies are buying old power plants and other industrial buildings with cheap power for new mining facilities.

Power plant repurposed to mine bitcoin

 · On the shores of Seneca Lake, a power plant''s new purpose is to power thousands of computers that mine bitcoin, a virtual currency. The process creates real world risks by pumping CO2 into the air ...

1897-Built New York Power Plant Turns to Bitcoin Mining ...

 · A historic power plant in Mechanicville, New York has decided to switch to mining Bitcoin as a more profitable pursuit in addition to generating electricity. According to a report by The Albany Times Union, a hydroelectric plant built in 1897 and operated by Albany Engineering Corp., is using a portion of the power it produces to mine Bitcoin.

Komatsu Mining can start using rail connection by year-end ...

 · The existing tracks near the new plant are seldom-used, Misky told the committee. Komatsu Mining needs the spur to distribute finished goods from the plant and to …

Bitcoin mining plant accused of turning New York lake into ...

 · A new gas-fired power plant run for the purpose of mining bitcoin has been accused of turning a lake in New York into a "hot tub".. Private equity firm Atlas Holdings is running the gas-fired plant facility near Seneca Lake, the largest of the Finger Lakes in upstate New York, NBC News reported.. The operators of the facility, Greenidge Generation LLC, are said to have increased the ...

123-Year-Old Hydroelectric Plant Sees New Life Mining ...

 · On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants in the world, and it''s now making "more money […]

1897-Built New York Power Plant Turns to Bitcoin Mining ...

 · A historical nuclear power plant in Mechanicville, New York has actually made a decision to change to mining Bitcoin as a much more lucrative quest along with p. 1897-Built New York Power Plant Turns to Bitcoin Mining for Better Profitability. Skip to the content ...

New York power plant mines Bitcoin using excess energy ...

 · The facility and its mining partner, Atlas Holdings, characterized this as a win for both the plant and the community. In theory, this helps the facility turn a profit while creating more jobs and ...

Scientists look to mine metals from plants | Fox News

 · Scientists look to mine metals from plants. A hyperaccumulator plant in northern Boreno suit able for phytomining. (Antony van der Ent) Inside a lab at …