A Bitcoin Boom Fueled by Cheap Power, Empty Plants and Few Rules
The New York Times
Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms.
A bitcoin mining operation is opening northeast of Niagara Falls this month on the site of the last working coal plant in New York State.
Across the state, a former aluminum plant in Massena, already one of the biggest cryptocurrency sites in the United States, is expanding.
And in Owego, a metal-recycling mogul with 11.3 million Instagram followers is making a gritty start-up with banks of computers in shipping containers next to a scrapyard.
Joanna Smith-Griffin was charged with lying to investors about revenue and her customer base, which she claimed included some of the nation’s largest school districts, including New York City’s.
Ms. Tisch, a member of a prominent New York family who has held several positions in city government, will take over the nation’s largest police department.
The verdict followed a four-day bench trial in which prosecutors detailed a violent attack that became a flashpoint in the bitter national debate over immigration policy.
Now that New York City and surrounding counties are under a drought warning, officials are asking residents to save water and help prevent more wildfires.
The return to power of President-elect Donald J. Trump, who has vowed to confront China on tariffs, has created deep uncertainty about the U.S. role in avoiding global conflicts.
G.O.P. lawmakers whose leaders have pressed to roll back transgender rights around the country moved to bar Sarah McBride, the first transgender member of Congress, from women’s rooms on Capitol Hill.
The billionaire has rapidly transformed parts of the state, shocking even development-friendly officials: “It was like, ‘Voilà, Elon is here.’”
School districts serving more than two million elementary-school children would be able to adopt a curriculum that draws on the Bible.
A developer wanted to replace parking garages with affordable apartments in Manhattan, but some residents on the Upper West Side resisted. Here’s why the housing won.
Prosecutors have had to acknowledge that a victim frightened those around him. The defense lawyers are expected to paint their client as a protector.
In scores of interviews throughout 2024, Latino, Black and Asian American voters, many of whom voted for Donald Trump, said they no longer trusted Democrats to improve the economy.