Affordable Crypto Debate — Michael Casey

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The trio visited Dresden, NY, residence of Greenidge Technology’s bitcoin mining operation, which has turn into a lightning rod within the wider debate over Bitcoin’s environmental influence and, particularly, the political battles over New York State’s transfer final yr to impose a ban on new mining initiatives. They discovered that either side have made wildly exaggerated claims in regards to the hurt or advantages of Greenidge’s operation. New York Assemblywoman Anna Kelles, a Democrat, has repeatedly made the false declare that the power is heating close by Seneca Lake and killing aquatic life. On the identical time, many mining advocates dramatically overstate neighborhood advantages such because the variety of jobs created.


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