Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations

2 years ago

Bitcoin mining institution Greenidge Generation Holdings (GREE) won the dismissal of a petition filed by the Sierra Club and Seneca Lake Guardian to effort to halt its crypto mining task astatine Seneca Lake, New York, it said successful a statement Thursday.

  • The ruling is the 5th ineligible situation Greenidge has won since 2016, according to the statement. Greenidge says it operates wrong afloat compliance of its New York State aerial and h2o permits.

  • “Various and overlapping opponents person present mislaid each 5 ineligible actions related to the installation and we decently sought and received each indispensable approvals to commencement this task agelong ago, with Planning Board approval," Greenidge Generation President Dale Irwin was cited arsenic saying successful the statement.

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Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has nary important crypto holdings.


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