Greenidge Generation to Expand Bitcoin Mining With South Carolina Plant
Two-thirds of the electricity at the site is sourced from zero-carbon sources such as nuclear power.
Greenidge Generation said it plans to expand its bitcoin mining operations by adding a facility in Spartanburg, South Carolina. It already has an operation in New York.
- Mining at the site, previously a printing plant, will start later this year or early 2022.
- Greenidge Generation said it is committed to “environmental leadership” in cryptocurrency operations, and two-thirds of the electricity at the site is sourced from zero-carbon sources such as nuclear power.
- It plans to lease the site for 10 years from LSC Communications, an Atlas Holdings company.
- "This is an important step in Greenidge's strategy to build upon our unique expertise in environmentally sound bitcoin mining at additional locations across the country," CEO Jeff Kirt said.
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