Tech

Private-equity firm revives zombie fossil-fuel power plant to mine bitcoin

Enlarge (credit: Aurich Lawson / Getty) Few bitcoin projects illustrate the cryptocurrency’s enormous climate impact better than the Greenidge power plant in upstate New York. The once-abandoned power plant was bought by private equity firm Atlas Holdings and retasked. A significant portion of Greenidge’s electricity no longer powers nearby homes or businesses; rather, the plant’s […]