Cryptocurrencies
New York Delays a Decision on Permits for Bitcoin Miner’s Power Plant
- Bitcoin mining has been attacked for its outsized power usage
- State agency said it needs more time to review public comments
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New York State delayed a decision on whether to allow operations to continue at a power plant used for Bitcoin mining.
The Department of Environmental Conservation’s decision or next action on the plant operated by Greenidge Generation Holdings Inc. will now come by March 31, two months later than originally targeted. The delay will “enable DEC to complete its ongoing review of the approximately 4,000 public comments” on the matter, a spokesperson said.