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

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

Bitcoin miner Greenidge Generation announced on September 15 it had ordered 10,000 S19j Pro bitcoin mining rigs from Bitmain to expand the company's mining fleet. The new machines, expected to be delivered in the second and third quarters of 2022, could deploy an additional 1,000 petahashes (PH) of hashrate capacity to Greenidge's anticipated facility in Spartanburg, South Carolina. "The addition of 10,000 new miners is an important step in our commitment to expand our fully carbon-neutral capacity," said Greenidge CEO Jeff Kirt. "We expect that these miners will anchor our anticipated facility in Spartanburg, expanding our national footprint by growing our environmentally sustainable mining operations." The purchase marks the latest development in the bitcoin miner's plans to achieve 50 megawatts (MW) power capacity in its mining facilities by 2025. Greenidge …
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