New York PSC sued by environmental group upon approval of crypto mining facility

According to the plaintiffs, the permission is against the 2019 New York climate law. The Canadian cryptocurrency mining company Digihost purchased the facility.

According to the plaintiffs, the permission is against the 2019 New York climate law. The Canadian cryptocurrency mining company Digihost purchased the facility.

DFS states crypto firms will be charged based on the total operating expenses of overseeing licensees and the “proportion deemed reasonable” for other overhead expenses.