The mining company Greenidge Generation announced plans to build a data center in South Carolina to mine cryptocurrencies. The investment in the project will total $264 million.
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Greenidge Generation Establishing Operations in Spartanburg County, SC $GREEhttps://t.co/bnHNP7Jmq6
— Greenidge Generation Holdings Inc (@Greenidge_GREE) January 25, 2022
It is expected that the Spartanburg County facility will create 40 new jobs. Its power consumption after completion will be at least 100 MW.
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The first phase of the project is expected to launch in the second half of 2022. Further expansion will continue through 2025.
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In October 2021 the company ordered 22,500 ASIC miners for deployment at new sites in Texas and South Carolina.
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Earlier, Greenidge Generation stated that the Spartanburg facility would be fully carbon-neutral.
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In July 2021, locals accused the company that runs mining operations at a New York state power plant of environmental violations.