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Greenidge Generation News and Articles



Greenidge Generation

Greenidge Generation raises $108M to triple hashrate

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Mining company Greenidge Generation announced that it has raised $108 million. The funds will be used to triple the amount of computing power to 4.7 EH/s. $81.4 million in the form of a loan was provided by a firm affiliated with NYDIG, $26.5 million - was in the form of a promissory note...

Greenidge Generation

Greenidge Generation uses mining profits to build a solar farm

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Renowned mining corporation Greenidge Generation mentioned it intends to build a solar farm to create a modern, high-tech environment for local businesses and workers. The message says that this idea will be implemented with funds received from the mining of digital assets. Greenidge Generation...

power plant sells Bitcoin hash

U.S. power plant first sells bitcoin hash on the OTC market

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The New York-based hybrid powerhouse Greenidge Generation has entered into its first regulated contract to sell computing power for Bitcoin mining. The buyer, who acquired a hash rate of 106 petaheshes, was an unnamed institutional investor. The purpose of such contracts, according to the broker...

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