Tag: greenidge generation

Jul 29 2021

Greenidge Generation To Repurpose Old Coal Ash Landfill Into A New Solar Farm

Bitcoin miner Greenidge announced today its plans to expedite the closure of an old coal ash landfill and turn it into a solar farm.Bitcoin mining firm Greenidge Generation announced today its plans to expedite the closure of a forty-year-old coal ash landfill in the...

Jul 14 2021

Greenidge Partners With Foundry To Acquire 8,300 Bitcoin Mining Rigs, Joins Foundry USA Pool

Bitcoin miner Greenidge has partnered with Foundry Digital to buy 2,300 WhatsMiners and finance 6,000 Antminers, plus join Foundry USA Pool.According to a press release sent to Bitcoin Magazine, bitcoin mining company Greenidge Generation has announced a purchase of 2,300 WhatsMiner M30S mining rigs and a financing deal to acquire 6,000 Antminer S19 machines, both via Foundry Digital. Additionally, the...

Jul 09 2021

Why Do Media Companies Attack The Bitcoin Industry?

A recent article on the environmental impact of Greenidge’s Seneca Lake mining operation is one of many misleading publications on bitcoin.It is with no hyperbole that I say the media industry has it out for Bitcoin. Whether it be for the massive engagement to be extracted from the buzzing digital asset keyword or a legitimate opinion on bitcoin mining, it appears that media...

The Tall Tale Of Boiling Seneca Lake

The overdramatization of environmental concerns related to bitcoin mining obfuscate any legitimate conversation on the topic.Recently, an overdramatized story by Gretchen Morgenson of NBC News, about the Greenidge power plant and cryptocurrency mining hybrid on Seneca Lake,...

Jul 02 2021

Greenidge Generation To Establish New Carbon-Neutral Bitcoin Mining Facility

The bitcoin mining company will introduce a second facility located in South Carolina, a report outlines.According to a press release, Greenidge Generations Holdings, Inc. intends to establish a second bitcoin mining operation in South...

Nov 25 2020

Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again

Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021.

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