No Fracked Gas for Bitcoin Mining!

Good news: the Legislature approved a moratorium on new cryptocurrency mining projects powered by fossil fuels.

Now Governor Hochul must sign the bill into law — and we're urging her to do so before June 28, the date of the gubernatorial primary.

Bitcoin mining relies on an extremely energy-intensive "proof of work" method of aunthentication. Globally, it uses more energy than some countries! The industry has made clear its intentions to fire up shuttered coal plants with fracked gas to power its operations. With the Greenidge fracked gas plant in the Finger Lakes already operating, we need that moratorium now.

Sign below to tell Governor Hochul to sign the moratorium legislation NOW.

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No Fracked Gas for Bitcoin Mining!

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Dear Governor Hochul,

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I urge you to immediately sign into law legislation establishing a moratorium on cryptocurrency mining powered by burning fossil fuels.

Cryptocurrency mining operations using "proof-of-work" authentication methods are incredibly energy intensive, and the amount of electricity the industry uses is growing at a breakneck pace. This activity threatens to undo much of our progress in shutting down some of the state’s dirtiest power plants.

The Greenidge plant in the heart of the Finger Lakes is currently powering a Bitcoin mining facility by burning fracked gas — and that facility could be just the tip of the iceberg. There are an estimated 30 similar power plants in New York the industry could target for repowering to provide electricity for cryptocurrency mining operations. In fact, operators are already targeting facilities in North Tonawanda and Watkins Glen.

Cryptocurrency mining operations pose a tremendous threat to the climate goals mandated by New York’s nation-leading Climate Leadership and Community Protection Act, with the potential to undermine the state’s efforts to slash greenhouse gas emissions while promoting fracking in neighboring states. We simply cannot allow that to happen.

Establishing an immediate moratorium on cryptocurrency mining powered by fossil fuels, while completing a comprehensive study of its impacts on the climate and the environment more broadly, is a prudent and necessary action.

I urge you to sign this bill into law before the June 28 primary.

Sincerely,

[First Name] [Last Name]
[Your Address]