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Investegate |PPHE Hotel Grp Ltd Announcements | PPHE Hotel Grp Ltd: Result of Annual General Meeting

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As bitcoin s price rockets ever higher, Greenidge mining profits soar: Will owners windfall wealth trickle down?

As bitcoin s price rockets ever higher, Greenidge mining profits soar: Will owners windfall wealth trickle down?
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Yates County Planning Board votes to not recommend Greenidge site plan

Injunction sought to halt Greenidge bitcoin expansion

DRESDEN — Three environmental groups and 30 individuals are seeking an injunction to stop Greenidge Generation’s plan to construct four new buildings so it can expand its bitcoin mining operation. Buffalo attorney Richard Lippes filed an Article 78 proceeding in state Supreme Court of Yates County Dec. 17 on behalf of The Sierra Club, the Committee to Preserve the Finger Lakes, Seneca Lake Guardian, and more than two-dozen people. Greenidge, the town of Torrey, and Torrey’s Planning Board were named as defendants. The Article 78 claims the Connecticut-based company and Torrey officials violated the State Environmental Quality Review process by not taking the mandated “hard look” at the environmental impacts of the project and requiring an environmental impact statement. Specifically, the petition claims the expansion will generate an increase in the discharge of heated cooling water back into the lake, contributing to such negatives impacts as harmful algal

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