Greenidge Generation, a Bitcoin mining facility in New York, has won local support despite initial concerns about its environmental impact. Accurate information and engaging with local communities are key in shaping policy and perception of mining operations.
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Heating Pools with Bitcoin Mining: Eco-Concerns vs. Innovative Solutions
Brooklyn-based bathhouse, Bathouse, has implemented a small-scale Bitcoin mining operation to heat its swimming pools. Facing mixed reactions, this unique heating solution sparks debates over environmental impact, while showcasing potential innovative applications of blockchain technology.
Crypto Mining Tax: Balancing Environmental Impact and Industry Growth
The Biden administration proposes a 30% tax on crypto mining firm’s energy costs, aiming to counter environmental pollution, higher energy prices, and increased greenhouse gas emissions. However, this industry-specific penalty could impact profits and faces resistance from congressional Republicans.