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Peter is the creator and editor of The Water Front Online, the region’s only news organization dedicated to environmental issues in the Finger Lakes and Upstate New York. Have a tip? Send it to peter@fingerlakes1.com.
A decade ago, the bankrupt owner of the Greenidge power plant in Dresden, New York, sold the uncompetitive coal-fired relic for scrap and surrendered its operating permits.
For the next seven years, the plant sat idle on the western shore of Seneca Lake, a monument to the apparent dead end reached by the state’s fossil fuel infrastructure.
But today, Greenidge is back up and running as a Bitcoin mining operation. The facility hums with energy-hungry computers that confirm and record Bitcoin transactions, drawing power from the plant’s 106-megawatt generator now fueled by natural gas.
Activists say moratorium on new gas project is needed
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The 2021 Upstate Power 100
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