Greenidge Generation Orders 10,000 Bitcoin Miners After Listing on Nasdaq

Bitcoin miner Greenidge Generation announced on September 15 that it had commissioned 10,000 S19j Pro mining rigs from Bitmain to expand the company’s mining fleet. 1,000 petahashes (PH) of hash capacity at Greenidge’s planned facility in Spartanburg, South Carolina.

“The addition of 10,000 new miners is a step in our commitment to expand our completely carbon-unbiased capacity,” said Jeff Kirt, CEO of Greenidge. “We expect those miners to anchor our planned facility in Spartanburg, expanding our national footprint through the expansion of our environmentally friendly mining operations. “

The acquisition marks the latest progression in the bitcoin miner’s plans to succeed in 500 megawatts (MW) of electrical capacity at its mining facilities through 2025. Greenidge has been working to expand its operations beyond its initial facility in upstate New York and expects mining operations in Spartanburg to begin in the fourth quarter of 2021.

Greenidge announced plans to establish the Spartanburg facility in July and expects it to be time for the company’s carbon-neutral bitcoin mining operation in the United States. In addition to getting blank electric power from the site, Greenidge also intends to fully offset the facility’s carbon. The company has been active in the environmental cause through its operations and also announced in July the reallocation of a former coal ash dump to a new solar farm. In addition, in the same month, Greenidge partnered with Foundry to get 8,300 bitcoins from mining. platforms and register with Foundry USA Pool.

On September 14, the bitcoin miner announced the final success of its merger with Support. com for its non-unusual Class A percentages for the industry on the Nasdaq Global Select Market. Greenidge’s percentage subsidiary, and Kirt will lead the combined company. non-unusual percentages of Greenidge.

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