{"id":354338,"date":"2021-10-18T11:30:58","date_gmt":"2021-10-18T08:30:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/new-york-businesses-ask-governor-to-deny-permits-for-crypto-mining\/"},"modified":"2021-10-18T11:30:58","modified_gmt":"2021-10-18T08:30:58","slug":"new-york-businesses-ask-governor-to-deny-permits-for-crypto-mining","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/new-york-businesses-ask-governor-to-deny-permits-for-crypto-mining\/","title":{"rendered":"# New York businesses ask governor to deny permits for crypto mining"},"content":{"rendered":"<p>&#8220;<strong># New York businesses ask governor to deny permits for crypto mining <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvYjI5Y2M5MDAtMWZiNS00ZmRmLWI4ZDctMjgzOTVkM2JmNTYyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city\u2019s old fossil-fuel power plants into crypto mining centers. The request comes in the form of a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/earthjustice.org\/sites\/default\/files\/files\/cryptominingmoratoriumletter_governorhochul10_13_2021.pdf\">lette<\/a>r cosigned by a number of organizations, businesses and labor groups.<\/p>\n<p>The letter calls for an environmental assessment for Proof-of-Work cryptocurrency mining in NYS while urging Governor Hochul to deny permits to convert the Greenidge Generating Station and the Fortistar North Tonawanda power plants into crypto mining facilities:<\/p>\n<blockquote><p>\u201cProof-of-Work cryptocurrency mining use enormous amounts of energy to power the computers needed to conduct business \u2013 should this activity expand in New York, it could drastically undermine New York\u2019s climate goals established under the Climate Leadership and Community Protection Act.\u201d<\/p><\/blockquote>\n<p>The proposal highlighted the inefficiencies of PoW authentication and suggests that repowering defunct fossil-fueled power plants would be \u201cseriously jeopardizing the state\u2019s progress on and meeting mandates for reducing greenhouse gas (GHG) emissions.\u201d<\/p>\n<p>The businesses also quoted NYS Commissioner Basil Seggos of the Department of Environmental Conservation saying that \u201cGreenidge has not shown compliance with New York\u2019s climate law.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">NYS is taking action on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/ClimateChange?src=hash&amp;ref_src=twsrc%5Etfw\">#ClimateChange<\/a>. Today <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/NYSDEC?ref_src=twsrc%5Etfw\">@NYSDEC<\/a> released for public comment draft air permits for former coal plant turned bitcoin mine, Greenidge LLC. DEC has not made a final determination on the permits and Greenidge has not shown compliance with NY\u2019s climate law.\/1 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/PKozYCUIeQ\">pic.twitter.com\/PKozYCUIeQ<\/a><\/p>\n<p>\u2014 Basil Seggos (@BasilSeggos) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BasilSeggos\/status\/1435724739352449025?ref_src=twsrc%5Etfw\">September 8, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Citing the need for a full environmental assessment related to greenhouse gas emissions, the letter demands Hochul\u2019s administration deny the Title V Air Permits for the two fossil-fuel facilities. <\/p>\n<p><strong>Related: <\/strong><strong><em>Russia considers new energy tariffs as Chinese crypto miners relocate<\/em><\/strong><\/p>\n<p>On the other side of the world, Russian authorities are planning to introduce special electricity tariffs for recently-displaced Chinese cryptocurrency miners.<\/p>\n<p>On Oct. 13, Russian Energy Minister Nikolai Shulginov suggested a new energy consumption framework to differentiate tariffs between <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> usage and cryptocurrency mining, stating:<\/p>\n<blockquote><p>\u201cWe can\u2019t let miners capitalize on the situation at the expense of low residential electricity tariffs.\u201d<\/p><\/blockquote>\n<p>According to research conducted by the New York Digital Investment Group (NYDIG), Bitcoin\u2019s (BTC) energy consumption will remain below 0.5% of the global total over the next decade. The study also suggests that the carbon footprint of Bitcoin will be dependent on fluctuations in Bitcoin\u2019s price, mining difficulty and energy consumption. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/new-york-businesses-ask-governor-to-deny-permits-for-crypto-mining\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# New York businesses ask governor to deny permits for crypto mining &#8221; The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city\u2019s old fossil-fuel power plants into crypto mining centers. The request comes in the form of a letter cosigned by&#8230;<\/p>\n","protected":false},"author":1,"featured_media":354339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvYjI5Y2M5MDAtMWZiNS00ZmRmLWI4ZDctMjgzOTVkM2JmNTYyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,78717,74872,74355,117,70752,10595,44483,3885,70934],"class_list":["post-354338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-energy-consumption","tag-green-technology","tag-adoption","tag-business","tag-energy","tag-environment","tag-new-york-state","tag-new-york","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=354338"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/354339"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=354338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=354338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=354338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}