Greenidge


Finance

Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt

The deal with investment bank B. Riley includes a share sale and some additional time for repayments.

The Greenidge Generation facility in Dresden, New York. (CoinDesk)

Finance

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms

Under the deal for restructuring $74.7 million worth of debt, Greenidge will host NYDIG's new machines.

The Greenidge Generation facility in Dresden, New York. (CoinDesk)

Finance

Bitcoin Miner Greenidge Generation Shares Fall as Revenues Miss Estimates

The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”

A Greenidge mining center (Caleb Parker Photography)

Finance

New York Environmental Regulators Deny Greenidge’s Power Plant Permit

Greenidge Generation has been in hot water with environmentalists for its use of fossil fuels to power its bitcoin mining operation on New York’s Seneca Lake.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Policy

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Finance

Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations

A local judge ruled that Greenidge's project "would not impact the air or water of Seneca Lake."

Greenidge Mining center

Finance

Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance

The company also said permission for operations to continue at its New York facility has been delayed again.

Greenidge Mining center

Policy

US Congress to Hold Oversight Hearing on Crypto Mining: Report

Lawmakers will look at mining’s effect on the environment.

The U.S. Capitol in Washington D.C. (Darren Halstead/Unsplash)

Finance

Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall

However, DA Davison sees mining stocks as a better buying opportunity than bitcoin itself.

Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)

Finance

Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint

The Massachusetts senator sent a letter to the bitcoin miner asking for more details about the environmental impact of its mining operation.

Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)

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