2023-2-1 16:36 |
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s. origin »
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Bitcoin (BTC) mining firm Greenidge said it lost about $130 million during the fourth quarter of 2022 while earning just $15 million, according to a January 31 statement. The post Bitcoin miner Greenidge lost $130M in 2022 Q4; restructures debt with NYDIG, B. Riley appeared first on CryptoSlate.
2023-2-1 21:47 | |
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The deal with B. Riley will push off repayment dates and use Greenidge stock to pay off some of the funds.
2023-1-31 16:49 | |
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Greenidge Generation (GREE) has agreed with NYDIG to restructure a $74. 7 million debt owed to the crypto trading firm. NYDIG to acquire Greenidge mining machines In a press statement released on Dec.
2022-12-20 20:47 | |
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The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.
2022-12-21 18:12 | |
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The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.
2022-12-20 18:06 | |
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Under the deal for restructuring $74.7 million worth of debt, Greenidge will host NYDIG's new machines.
2022-12-20 15:43 | |
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Bitcoin (BTC) miner Greenidge Generation Holdings' (GREE) CEO expects to record a GAAP net loss of between $20 and $22 million for the third quarter.
2022-10-12 14:03 | |
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The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”
2022-8-16 00:24 | |
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The New York State Department of Environmental Conservation (NYSDEC) has denied bitcoin mining operation Greenidge Generation’s application to renew an air permit required to continue operating in New York.
2022-7-1 23:31 | |
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The company also said permission for its operations to continue at its New York facility has been delayed again.
2022-4-1 00:47 | |
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The bitcoin miner that yesterday closed a merger to list on the Nasdaq announced buying flagship Bitmain rigs.
2021-9-17 19:29 | |
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The company also expects to go public via a NASDAQ listing on Wednesday Bitcoin…
The post Bitcoin mining firm Greenidge merges with Support.com appeared first on Coin Journal.
2021-9-14 13:23 | |
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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.
2021-9-14 05:17 | |
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Bitcoin miner Greenidge announced today its plans to expedite the closure of an old coal ash landfill and turn it into a solar farm.
2021-7-30 19:44 | |
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Greenidge Generation Holdings Inc. , the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC.
2021-7-15 21:00 | |
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Bitcoin miner Greenidge has partnered with Foundry Digital to buy 2,300 WhatsMiners and finance 6,000 Antminers, plus join Foundry USA Pool.
2021-7-15 18:54 | |
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A recent article on the environmental impact of Greenidge’s Seneca Lake mining operation is one of many misleading publications on bitcoin.
2021-7-10 01:00 | |
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A Bitcoin mining plant operated by Greenidge Generation LLC has been accused of heating Seneca Lake by the residents of Dresden, New York. Seneca Lake is the deepest and one of the largest lakes in Finger Lakes in upstate New York.
2021-7-6 18:05 | |
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Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life.
2021-7-6 05:20 | |
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On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022.
2021-7-4 09:30 | |
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Greenidge Generation Holdings, Inc. announced today that it plans to develop its next bitcoin mining operation in South Carolina. Consistent with Greenidge’s longstanding commitment to...
2021-7-3 08:37 | |
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The bitcoin mining company will introduce a second facility located in South Carolina, a report outlines.
2021-7-3 20:55 | |
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Greenidge Generation Holdings, a renowned Bitcoin (BTC) mining firm, is planning to launch a carbon-neutral BTC mining operation on June 1, 2021. The new facility is based in Upstate New York. Reportedly, the company will achieve carbon-neutral mining by purchasing voluntary carbon offsets from a list of greenhouse gas reduction projects in the US.
2021-5-15 13:30 | |
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On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining.
2021-5-15 00:30 | |
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Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021.
2021-5-15 21:12 | |
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Thanks to some of the lowest-cost natural gas in North America, it mined 1,186 BTC in the twelve months ending Feb. for a net variable cost of $2,869 per BTC. The post Bitcoin Miner Greenidge to Double its Capacity by 2Q21-End, Announces Merger as the “Next Step” first appeared on BitcoinExchangeGuide.
2021-3-24 18:45 | |
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On Monday, the New York-based company Greenidge Generation Holdings revealed the business aims to be the first publicly-listed mining operation with a wholly-owned power plant. Greenidge expects to be publicly listed on Nasdaq via a merger with the firm Support.
2021-3-23 01:00 | |
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Greenidge expects the merger to make it the first self-sufficient power generating bitcoin mining operation to the stock market.
2021-3-23 23:35 | |
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Exclusive Sierra Club This December, three environmental groups and a set of individuals are trying to keep Greenidge Generation from building four new structures for additional Bitcoin mining. Richard Lippes, a Buffalo, NY attorney, filed an Article 78 with the State Supreme Court seeking an injunction to halt construction of the buildings.
2020-12-23 23:48 | |
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During the first week of March, news. Bitcoin. com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York.
2020-4-11 17:30 | |
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Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers.
2020-4-11 12:00 | |
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The Greenidge Generation gas plant is able to earn 5.5 Bitcoin (BTC) per day while heating the state of New York
2020-3-5 17:25 | |
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Gridless’ co-founder Janet Maingi explains how her company’s Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand.
In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills