Bitcoin

Sierra Club leads lawsuit against New York City to prevent the expansion of bitcoin mining

Several organizations have filed a lawsuit against the city of Torrey, New York, for approving a plan to expand a bitcoin mining facility near one of the finger lakes.

In court documents demonstrated Thursday in the New York State Supreme Court, The Sierra Club, Seneca Lake Guardian, the Finger Lakes Preserving Committee, and more than 20 local residents said the local government violated the state’s laws by approving Greenidge Generation’s site map to expand the operations of their current mining facility Bitcoin (BTC).

The allegations in the lawsuit state that Greenidge circumvented the laws that require an environmental impact statement by obtaining regulatory approval “through two separate but interdependent permit applications.” New York residents who joined the lawsuit have various reasons for joining the Sierra Club possible noise complaints and speculation that the mining facility would pollute the water of the lake, negatively impacting wildlife and recreational activities.

Sierra Club leads lawsuit against New York City to prevent the expansion of bitcoin mining
Sierra Club leads lawsuit against New York City to prevent the expansion of bitcoin mining

The Greenidge power plant in the nearby city of Dresden uses a gas pipeline to bring natural gas directly into the power plant, generating the energy consumption of its bitcoin mining facility, and reducing costs. The private equity firm Atlas Holding owns the facility and installed 7,000 cryptocurrency mining machines last year.

According to the local news agency Fingerlakes1 has recently operated the plant “only at times and well below generating capacity”. Greenidge applied to local authorities to expand, requesting that he be allowed to build and operate four new buildings with bitcoin mining machines. This expansion of the facility would apparently allow Greenidge to operate “at full capacity, full time”.

At a city council meeting in October The company claimed the bitcoin mining facility would “stay firmly within the environmental limits set by the state and federal government”.

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