Settling $21M Greenidge Debt, Sells 44MW Bitcoin Mining Site to NYDIG

Settling $21M Greenidge Debt, Sells 44MW Bitcoin Mining Site to NYDIG

Greenidge debt Generation Holdings has eliminated $21.8 million in secured debt and sold its bitcoin mining facility in South Carolina to NYDIG. The company explained that this action strengthens Greenidge’s financial stability and increases its liquidity. Greenidge’s bitcoin mining hosting division mined 1,542 BTC in the initial three quarters for NYDIG. The completion of a […]

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