Greenidge Generation Sued Over Expansion of Bitcoin Mining Capacity

The Torrey town authorities and the Greenidge Generation hybrid power plant, a bitcoin miner, have been named as defendants in a lawsuit filed in the New York State Supreme Court by several environmental organizations.

Greenidge Generation is located in Dresden, a town adjacent to Torrey, and uses about 7,000 miners from Atlas Holding. As of March 2020, the plant generated $50,000 per day.

According to Fingerlakes1, Greenidge Generation submitted to the Torrey authorities an application to build four facilities to house additional mining equipment near one of the Finger Lakes.

Three environmental organizations and more than 20 residents of Torrey accused the local administration of violating state laws. In their view, officials downplayed environmental impacts and approved the project without a full environmental impact assessment.

The plaintiffs fear the plant will discharge warm water into the lake and harm wildlife. They also say Greenidge Generation split its application into two to secure permission.

9f8c3ea5-4489-4230-959b-5931f678a8df by ForkLog on Scribd

In April, Greenidge Generation signed its first regulated contract to sell computing power for bitcoin mining.

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