Regulators may decide Greenidge’s Bitcoin mining fate in June

04/01 11:39

According to Decrypt, the New York Department of Environmental Conservation (DEC) could make a final decision on whether to renew an air permit held by Greenidge Generation—a controversial Bitcoin mining firm in New York—on June 30, 2022. The DEC, which oversees the amount of greenhouse gas emissions Greenidge is able to emit each year, has advised the mining firm of the “need for additional greenhouse gas mitigation measures to meet the requirements of the Climate Leadership and Community Protection Act.”
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