A deep dive on Bitcoin mining in the Finger Lakes
Are cryptocurrencies incentivizing renewable energy, or are they keeping old fossil fuel plants up and running?
Gouged out of the earth by glaciers, Seneca Lake is the deepest lake in New York, but in the bay by Dresden, it’s shallow enough to see the sandy floor through blue-green ripples.
In March, I had the privilege of visiting the Finger Lakes for the first time to report a story about an old coal-powered plant that found new life mining Bitcoin. Sure, it was…
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