Companies are flocking to New York to re-open dirty old power plants to generate power for cryptocurrency mining operations.
The kind of cryptocurrency mining used to make Bitcoin, known as “proof of work,” uses thousands of computers to solve complex math equations. These computer farms are extremely energy-intensive. According to the New York Times, this practice consumes more power than some entire countries.
If power plants are allowed to be repowered and used for Bitcoin mining operations in New York, it would pollute our air and water and promote fracking, while drastically undermining the state’s climate goals established under the Climate Leadership and Community Protection Act.
Governor Hochul has the authority to institute a moratorium on new projects burning fossil fuels for Bitcoin mining, such as the Greenidge facility currently operating in the Finger Lakes.
Please call Governor Hochul TODAY at 877-235-6537 to urge her to institute a moratorium on cryptocurrency mining powered by burning fossil fuels.