New York officials rule against bitcoin-mining power plant

ALBANY, N.Y. (AP) — State officials denied required air permit renewals Thursday to a bitcoin-mining power plant in the Finger Lakes that environmentalists called a threat to New York’s climate goals.

In rejecting the renewals, the state Department of Environmental Conservation said Greenidge Generation’s ‘continued operations would be inconsistent with the statewide greenhouse gas emission limits’ that New York is trying to meet under state law.

The company said it would continue operating under its current permit while it challenged the decision.