The US senator demanded information from Greenidge Generation about the impact of mining on the environment

In May, the company said it would neutralize its carbon footprint by purchasing CO₂ offset credits from June 1

03.12.2021 - 10:35

159

1 min

What’s new? The Massachusetts US Senator Elizabeth Warren asked about the environmental impact of bitcoin mining in New York State in a letter to Jeffrey Kirt, CEO of the Greenidge Generation (GREE) mining company.

The Senator Warren letter

What does the letter say? Warren wrote to Kirt that she was concerned about the company's energy consumption, which is comparable to that of Denmark, Chile, Argentina, and Washington state, and its impact on the environment:

“Given the extraordinarily high energy usage and carbon emissions associated with bitcoin mining, mining operations at Greenidge and other plants raise concerns about their impacts on the global environment, on local ecosystems, and on consumer electricity costs.”

What events preceded it? In early 2021, the New York-based mining company Greenidge came under criticism. The environmentalists objected to the fact that the power plant burns natural gas for bitcoin mining, as well as the impact of its cooling system on the local lake. In May, the company said it would start neutralizing its carbon footprint by purchasing quotas to compensate for CO₂ emissions from June 1.

Author: