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    State Supreme Court of New York dismisses the petition against a crypto mining company

    The New York State Supreme Court judge in Yates County has ruled in favor of a crypto coin mining company named Greenidge Generation while discarding a petition filed by a group of environmental activists. In an April 7 press release, Judge Daniel Doyle has dismissed an appeal against the Greenidge Generation Holdings, which was brought up by some environmental organizations named – Seneca Lake Guardian, the Committee to Preserve the Finger Lakes, and Sierra Club.

    The appeal also addressed for a cessation of the company’s plans in expanding its Bitcoin mining operation at a facility in Dresden. By the end of this year, the United States-based Bitcoin mining company is planning to expand the capacity of this gas-powered mining facility from 17,000 miners in service to 49,000.

    As per the ruling, the petitioners have not been able to establish the fact that the environmental loss from the mining facility would be different from the loss suffered because of the general public. The judge also stated that none of the petitioners lives closer than 2000 feet to the facility or project site, and the local planning committee has already taken the necessary steps required to evaluate the project’s possible influence on the environment.

    As per the company release, this decision is the fifth attempt at legal action taken by several different entities to restrict further expansion of the project.

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