Debates surrounding bitcoin mining's environmental impact are heating up, with New York-based Greenidge_GREE at the center. Misinformation, political tussles and divergent viewpoints are blurring the facts and obscuring local community voices.
, citing data from scientists at local Hobart and William Smith Colleges.
Complicating matters, bitcoin mining’s supporters have too-often chosen to combat misinformation with misinformation of their own or, at best, bad-faith trolling.about the pollution created by bitcoin mining facetiously claimed that “bitcoin mining has zero carbon emissions” based on indoor carbon dioxide testing at the Riot mining facility in Rockdale, Texas.
"We know the value and the importance of the lakes' worth and in our environment or climate. I mean, we're a big agricultural community, we know what the value is of the climate,” he said. “We wouldn't want to incentivize anything that was going to clearly negatively impact that." When CoinDesk contacted Hall again in May 2023, his staff confirmed that no one had called or visited him to speak about Greenidge since our last visit.
There were signs of Greenidge’s investment throughout Dresden. The company sponsored a local playground for children, as well as an electronic sign welcoming people to the village. The issue, to Hall, felt so cut-and-dried in favor of Greenidge that the massive outcry against it came as a shock. To be clear, Greenidge – any bitcoin mining operation, really, despite arguments by many bitcoin miners – is not a major employer in the region. Running a bitcoin mining operation just doesn’t require that many people, and most of the jobs created are either temporary construction roles or low-wage positions like maintenance or security.
“Kids I used to coach are now working near home, where you never would have expected that. Their parents sure wouldn’t have expected their kids to be able to live near them, making more money than they probably made out of college,” Griffin said. “It’s honestly everything from an economic development perspective you’d hope it to be.”
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