Fans circle the roof of the North East Data cryptocurrency data center in the former Niagara Generation power plant, in Niagara Falls.
The arcane terminology and confusing aspects of the digital currency industry have allowed it to get ahead of government regulators and establish a foothold in Western New York and elsewhere upstate.
Last month, a bill in the State Assembly advanced to the Ways and Means Committee that would put a two-year moratorium on “proof-of-work” cryptocurrency mining.
Environmental groups such as the Sierra Club want Bitcoin mining banned in the state, citing harms to the environment.
The CEO of Foundry, Mike Colyer, recently met with The Buffalo News editorial board.
New York State set ambitious goals in the 2019 Climate Leadership and Community Protection Act, which calls for steep reductions in greenhouse gas emissions in coming years.
That’s where Greenidge Generation, a cryptocurrency data center and power generation company, bought a retired coal plant, converted it to a 106-megawatt natural gas plant and uses it to power its crypto mining business.
It’s a big, interconnected world and, today, it’s bigger, still.
Peaceful protest is a form of free speech, protected under the First Amendment.
Covid-19 is a challenge like no other seen in a century.
That’s a test of character and Jacobs is failing: He’s pandering about a law in another state that stigmatizes LGBTQ youngsters, who frequently are targets of bullying.