Digital Assets: Environmentalists Demand Non-Renewal Of Air Permit To Crypto Miner Digihost

https://dailyalts.com/wp-content/uploads/2023/09/fridays-for-future-4161573_640.jpg

Digihost operates a crypto mining facility in North Tonawanda.

Environmental advocates in New York are vehemently opposing the renewal of an air permit for a cryptocurrency mining facility in North Tonawanda. They argue that this operation not only threatens the quality of life for local residents but also contradicts the state’s climate goals.

The facility, run by Digihost at the former Fortistar power plant site, has come under fire from environmental law group Earthjustice and concerned citizens. (Bitcoin.com)

Critics of the mining operation claim that it generates excessive noise pollution and poses environmental risks. They are calling on the Department of Environmental Conservation (DEC) and Governor Kathy Hochul to deny the permit renewal, citing the DEC’s previous stance against a similar miner in Yates County due to emissions concerns.

Earthjustice attorney Jessamine De Ocampo pointed out the contradiction in Digihost’s claim to be a part of the climate solution while emitting over 300,000 metric tons of greenhouse gases annually. However, some reports suggest that bitcoin miners can have a positive impact on the grid and convert flare gas into energy for mining.

Local residents have complained about sleepless nights due to the noise, while others worry that the facility will hinder North Tonawanda’s climate initiatives. There’s also concern that biased opinions from politically affiliated environmental groups may be influencing public perception.

Activists are mobilizing a letter-writing campaign to push for the rejection of the air permit renewal, arguing that cryptocurrency mining relies on fossil fuels rather than clean energy, which is essential for meeting climate goals and protecting residents’ well-being under the Climate Leadership and Community Protection Act.

Related Story:  KPMG Issues Report On Bitcoin Mining And Its Favorable Impact On The Environment

Image by Niklas from Pixabay

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…