NY State Supreme Court dismisses petition against crypto mining company

Published at: April 8, 2022

In an important precedent, a Supreme Court judge in New York state’s Yates County ruled in favor of cryptocurrency mining firm Greenidge Generation, dismissing a petition filed by a coalition of environmental activists. 

According to an Apr. 7 press release by Greenidge, judge Daniel Doyle dismissed a petition against the Greenidge Generation Holdings that a group of environmental organizations — Sierra Club, Seneca Lake Guardian, Committee to Preserve the Finger Lakes, as well as a number of individuals — brought in an attempt to stop the mining operation at Seneca Lake.

The petition also called to halt Greenidge’s plans to expand its Bitcoin mining operation at a facility in Dresden, a 300-people town in Yates County. The company is planning to raise its capacities at the gas-powered plant from 17,000 miners in service to 49,000 by the end of the year.

As the quote from the ruling goes:

“Petitioners have failed to establish that they would suffer an environmental injury different from that suffered by the general public.”

The judge specified that none of the petitioners live closer than 2,000 feet to the project site, while the local planning board took all the required steps to assess the project’s possible impacts on the environment.

According to the company release, the decision marks the fifth unsuccessful attempt of legal action against the project’s expansion by various entities. On Feb. 1 the cause against Greenidge was supported by the New York State gubernatorial candidate Jumaane Williams, who has called on current Governor Kathy Hochul to deny permits for Proof-of-Work (PoW) crypto mining in the state.

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Regulation
Cryptocurrencies
Law
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Bitcoin Mining
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Environment
New York
New York State
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