A bitcoin mining operation has started on old gas wells in Pennsylvania, raising concerns over air pollution and regulatory gaps.
Audrey Carleton reports for Capital & Main.
In short:
- Diversified Production LLC began bitcoin mining on old fracking wells without state permits, leading to regulatory violations.
- The Pennsylvania Department of Environmental Protection (DEP) later approved the operation despite initial violations.
- Local communities and environmental advocates express concern over increased noise, air pollution, and inadequate regulatory oversight.
Key quote:
“We have invested tens of thousands of dollars in habitat work on that game lands. Now, it’s really disturbing to use that whole back section… not to mention the greenhouse gas emissions.”
— Holly May, natural resources professional
Why this matters:
Bitcoin mining on low-producing wells could significantly increase greenhouse gas emissions and environmental damage. The lack of stringent regulatory oversight may encourage similar operations, potentially escalating pollution and local disturbances.
capitalandmain.com