Posts Tagged ‘bitcoin’
Schuyler County Tables Vote on Cryptocurrency Mining Resolution, Crypto Operations Inquire into Watkins Glen
Cryptocurrency mining has become an issue of ongoing discussion in the Finger Lakes. On Monday night, the Schuyler County Legislature reviewed a resolution asking the DEC to develop regulations around cryptocurrency mining. But, they chose to table the vote until next month’s meeting Legislators said they felt like they needed more time to research cryptocurrency…
Read MoreGreenidge Generation, From Peaker Plant to Mining Bitcoin
Greenidge Generation LLC operates a natural gas power plant near the shore of Seneca Lake, that has evolved into a bitcoin mining operation. Greenidge’s parent company now boasts that it’s the first bitcoin mining operation with it’s own in-house energy supply being publicly traded on the stock market, but they have attracted the scrutiny of…
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