Greenidge

Bitcoin Mining Firms Stuck With $4 Billion In Debt

Key Points: The top ten Bitcoin mining debtors owe a total of $2.6 billion. A debt-to-equity ratio of 2 or…

2 years ago

Bitcoin Miner Greenidge Reaches $74 Million Debt Restructuring Deal With NYDIG

Key Points: Greenidge will house the new equipment for NYDIG as part of the agreement to restructure debt totaling $74.7…

2 years ago

Greenidge Reorganizes Executive Ranks And Anticipates Additional Losses In Q3

The leadership team of Greenidge Generation is being reorganized. Two executives from the forestry products firm Millar Western took over…

2 years ago

Greenidge Aims To Raised Up To $22.8 Million

According to US Securities and Exchange Commission (SEC), Crypto mining and blockchain service, Greenidge Generation is seeking to increase capital…

2 years ago

New York Postpones a Decision on Permits for a Bitcoin Miner’s Power Plant.

New York State has postponed a decision on whether to permit operations at a Bitcoin mining power facility to continue.…

3 years ago

The United States Congress will evaluate the environmental impact of bitcoin mining.

The U.S. Congress is planning a hearing to look at the effect on the environment of crypto mining, particularly on…

3 years ago

Senator Warren Is Concerned About Bitcoin Miner Greenidge’s Environmental Impact

In a comprehensive letter to the CEO of Greenidge Generation (GREE), U.S. Senator Elizabeth Warren questioned the environmental imprint of…

3 years ago

Bitcoin Mining Company Greenidge Generation plans to develop a mining facility in South Carolina

Bitcoin mining company Greenidge Generation has announced that it will start operations in South Carolina in early 2022. Bitcoin Mining…

3 years ago

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