“PSC Says Greenidge’s Bitcoin Mining Operation Isn’t Subject to Regulation, Dismissing Environmental Concerns“
ALBANY, June 11, 2020 — The state Public Service Commission ruled today that Greenidge Generation LLC’s use of unmetered electricity to drive banks of computers that mine Bitcoin at its Dresden power plant is not subject to PSC regulation.
The company had asked the commission to issue exactly that legal opinion, and it won a 5-0 vote, with only one commissioner voicing any qualms. . . .