Greenidge Expands Bitcoin Mining Operations in Mississippi
Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and…
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Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG…
Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second…
Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000…
Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns
Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter…
Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The…
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the…
Bitcoin miner Greenidge set for Nasdaq listing through merger
The merger is expected to push through as of market close on Sept. 14, with Greenidge slated to begin trading on the NASDAQ the following day.