NY Cryptomining Facility Gets New Chance at Environmental Review – Bloomberg Law

A cryptocurrency mining facility in New York has been given a fresh opportunity for an environmental review. The facility, located in the state’s Finger Lakes region, has faced scrutiny over its energy consumption and potential impact on the environment.

The facility, owned by Greenidge Generation LLC, has been operating since 2017 and has faced criticism from environmental groups for its high energy usage. The new environmental review will allow for a thorough examination of the facility’s operations and their impact on the surrounding area.

The decision to conduct a new environmental review comes after a legal challenge by environmental group Earthjustice. The group argued that the facility’s previous review did not adequately address the potential impact on local water sources and air quality.

The new review will provide an opportunity for stakeholders to weigh in on the facility’s operations and ensure that any potential environmental impacts are properly addressed. It is an important step in ensuring that cryptocurrency mining facilities operate in a sustainable and responsible manner.

Overall, the new environmental review for the Greenidge Generation LLC facility in New York’s Finger Lakes region highlights the importance of considering the environmental impact of cryptocurrency mining operations. It is a positive development that will help to ensure that the facility operates in a way that is environmentally responsible.

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