Bitcoin miner Greenidge Generation files lawsuit against New York EPA over refusal to renew power plant permit
Bitcoin miner Greenidge Generation has filed a lawsuit against the New York State Department of Environmental Protection (DEC) over its decision to refuse to renew the Dresden power plant's Category V air permit.
The DEC denied the application in June 2022, arguing that Greenidge did not comply with the Climate Leadership and Community Protection Act. Although Greenidge's appeal was denied in May 2024, the company was granted a four-month grace period, allowing it to continue operating under its existing permit until September 8.
Greenidge considers the DEC's decision "arbitrary and capricious" and interferes with the New York Public Service Commission's jurisdiction over power generation facilities, disregarding the procedures of the New York Independent System Operator.
The company further argues that the regulator's position to shut down the facility was based on its involvement in cryptocurrency mining, even though the facility also provides electricity to the grid. Greenidge also highlights the facility's contribution to the state economy, including jobs and tax revenue.
If the DEC's decision is not reversed, Greenidge said it will be forced to close the facility by September 9. (CryptoSlate)