The bitcoin mine vs. the world

Regulating bitcoin mining is a bit like whack-a-mole. But it appears New York regulators are taking their sweet time picking up the padded hammer: For a second time, they’ve punted on air pollution permits for an upstate mine tied to a gas power plant.

A bitcoin mine lives to mine another day

There’s a bitcoin mine dressed in power plant clothing in upstate New York, and regulators just don’t seem to know whether to treat it like a sheep or a wolf. The Greenidge power plant has operated in regulatory limbo since late January, when the state Department of Environmental Conservation was supposed to rule on an air pollution permit. It kicked the can until March and now it’s kicking it to June. But this is no game.

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