Facing closure, Finger Lakes bitcoin miners boost revenue as they confront second environmental violation
Greenidge Generation, a cryptocurrency farm housed in a natural gas plant, has remained open while it appeals a denied air permit. It now faces questions around its water permit and its potential destruction of aquatic wildlife.
Aug 25, 1:01 PM
Permit denied: New York says Bitcoin mining operation in Finger Lakes violates climate law
Greenidge Generation, the natural gas-fueled facility, is supposed to close under the decision. But its owners plan to keep operating, as they fight for an appeal.
Jun 30, 5:44 PM
After months of delay, NY still reviewing 4,000 public comments for Finger Lakes power plant owned by Bitcoin miners
Two Cornell University researchers showed Monday that much of the review could be conducted in less than a week with free online tools.
Apr 25, 3:46 PM
A Bitcoin mining operation in the Finger Lakes runs up against New York's climate law
Since spring 2020, the Greenidge Generation natural gas plant in Dresden has powered a 24-7 bitcoin mining operation that is endangering the region environmentally, according to some residents.
Feb 17, 5:00 AM
Andrew Yang Wants To Turn NYC Into A Bitcoin Megahub. That Would Be Terrible For Climate Change
Bitcoin is on pace to consume about as much electricity this year as all the homes in the mid-Atlantic states. Most of this energy comes from non-renewable sources.
Apr 5, 2021 11:41 AM
Crypto-Millionaire Kidnapping Caper Allegedly Goes Awry
Three would-be crypto-millionaires who attempted an alleged kidnapping involving a fake Uber driver and a volatile digital currency were indicted on Tuesday.
Updated: Jun 14, 2018 9:54 AM
What's Up With Those Bitcoin ATMs?
What are they and how do they work?
Updated: May 24, 2018 6:31 PM
Alleged Roommate Killer Claims He Was Tied Up & Forced To Liquidate Stocks
18-year-old murder suspect Quentin Capobianco now claims that Smith has tied him up and forced him to liquidate stocks before the fatal incident.
Updated: Jan 14, 2015 11:14 AM
Manhattan's First Bitcoin ATM Debuts In West Village Today
Well, we've already got ATMs for cupcakes and gold bars.
Updated: Aug 21, 2014 4:57 PM
NYC Might Be The First City To Regulate Bitcoins
Bitcoin could be particularly advantageous for New York City's many immigrant families that often are sending money to family in other countries with regularity.
Updated: Jan 31, 2014 9:55 AM
Bitcoins Are Scarier Than Burner Phones, Attorneys Warn
The anonymity inherent to bitcoins poses a threat to law enforcement.
Updated: Jan 29, 2014 3:22 PM
Bitcoin Startup Owner Arrested At JFK On Money Laundering Charges
The fallout from the October bust of the online, Tor-powered drug exchange the Silk Road continues.
Updated: Jan 28, 2014 1:19 PM
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