NY Supreme Court Rules in Favor of Bitcoin Mining Facility Greenidge Generations

The cryptocurrency data center and power generation corporation, Greenidge Generation Holdings Inc. has won the dismissal filed to stop crypto mining operations. New York Supreme Court Judge Rules: Greenidge Cryptocurrency Project “Would Not Impact the Air or Water of Seneca Lake”. $GREEhttps://t.co/XquFnXd9PB — Greenidge Generation Holdings Inc (@Greenidge_GREE) April 8, 2022 Why Did The 33 Petitioners Lose The Motion? New York Supreme Court Judge Daniel J. Doyle, of Yates County, has ruled against 33 petitioners. The filed motion included Sierra Club, Seneca Lake Guardian, and Committee to Preserve the Finger Lakes amongst numerous environmental groups. The filed motion sought to halt Greenidge’s planned expansion of BTC mining operations in Dresden Facility, located on Seneca Lake. Judge Daniel Doyle stated his reason for denying the motion was, “Petitioners have failed to establish that they would suffer an environmental injury different from that suffered by the general public.” Greenidge Generations Wins Yet Again The Supreme Court ruled in the favor of the Torrey Planning Board stating that they took the necessary steps required for issuing the SEQRA negative declaration. Additionally, the Board has also assessed for any environmental impacts and identified areas of possible concern. The carbon-neutral data center Greenidge Generation President Dale Irwin issued a statement regarding the New York State Supreme Court’s d...