[Bitcoin Mining Company Greenidge Reaches Settlement with New York State Over Environmental Permit Dispute] Bitcoin mining company Greenidge announced on Monday that it has reached an agreement with New York State officials to secure a five-year renewal of its critical environmental permit. As part of the agreement, Greenidge has committed to significantly reducing greenhouse gas emissions, with its approved emissions to decrease by 44% by 2030, aligning with the climate law goals passed by New York State in 2019. The law mandates a 40% reduction in statewide greenhouse gas emissions from 1990 levels by 2030. The settlement between the New York State Department of Environmental Conservation and Greenidge concludes all litigation between the two parties, following Greenidge's lawsuit in 2022 over the permit denial.