Greenidge Generation

ForkLog 4 28.04.2023

Greenidge Generation and Core Scientific Agree to Collaborate

The mining company Greenidge Generation has agreed with competitor Core Scientific to host 6,914 Bitcoin mining devices at Core Scientific's sites for one year.

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ForkLog 6 31.03.2023

Greenidge Generation mined 2,731 BTC in the year with a $269 million loss

For 2022, the mining company Greenidge Generation mined 2,731 BTC. The company's revenue for the period amounted to $90 million with a net loss of $269.7 million.

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ForkLog 7 01.02.2023

Greenidge Generation cuts debt by $61 million

The mining company Greenidge Generation reached agreements with B. Riley and NYDIG on debt restructuring, reducing it from about $87 million to around $26 million.

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ForkLog 5 20.12.2022

Greenidge to Sell Bitcoin Miners to NYDIG to Repay $74 Million Debt

Greenidge signed an agreement with NYDIG to sell miners to repay a debt of $74 million.

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ForkLog 7 12.09.2022

Greenidge Generation mined about 301 BTC in August

In August, the mining company Greenidge Generation mined about 301 BTC. The total since the start of 2022 stands at 1,771 BTC, according to a press release.

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ForkLog 7 16.08.2022

Greenidge Generation posts a $107.9 million loss in the second quarter

The mining company Greenidge Generation revised its Texas expansion plans amid a second-quarter loss of $107.9 million.

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ForkLog 8 12.07.2022

Greenidge Generation increases Bitcoin mining by 18%

In June, the American mining company Greenidge Generation Holdings mined about 230 BTC. This is roughly 18% higher than in the previous month.

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ForkLog 6 17.05.2022

Greenidge Generation posts 240% quarterly revenue increase

In Q1 2022, Greenidge Generation's revenue reached $37.7 million, up 240% year over year.

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ForkLog 12 08.04.2022

New York court rejects environmentalists’ bid to halt Greenidge Generation’s bitcoin mining near Seneca Lake

The New York State Supreme Court rejected the petition to halt construction of Greenidge Generation's bitcoin-mining facilities near Seneca Lake, according to a press release.

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ForkLog 9 28.03.2022

Greenidge Generation raises $108 million to triple its hash rate

The mining company Greenidge Generation announced that it raised $108 million. The funds will be used to triple computing capacity to 4.7 EH/s.

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ForkLog 9 27.01.2022

Greenidge Generation to invest $264 million in new bitcoin mining venture

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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ForkLog 8 03.12.2021

US Senator Elizabeth Warren asks Greenidge Generation for data on mining’s environmental impact

A member of the U.S. Senate Banking Committee, Elizabeth Warren, expressed concern about the environmental impact of the Greenidge Generation mining company. She demanded that CEO Deffri Kirt provide detailed data on the company's activities.

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