Description
Greenidge Generation Holdings Inc. is a pioneering, vertically integrated bitcoin mining and power generation company that operates with a strong commitment to environmental sustainability. Situated in Upstate New York, it owns and utilizes a natural gas power plant to fuel its bitcoin mining operations, focusing on minimizing its carbon footprint through the use of low carbon sources and the purchase of carbon offsets. This makes Greenidge the first and only carbon-neutral, large-scale power generator and bitcoin miner in the United States. The company believes firmly in bitcoin's role as the future global currency, contributing to a more equitable financial system by facilitating access to investment and efficient payments globally. Through its innovative integration of energy production and digital asset creation, Greenidge not only supports the security, stability, and decentralization of the bitcoin blockchain but also sells electrical power to wholesale markets, marrying traditional energy supply chains with modern blockchain technology demands. Greenidge's operations highlight a unique model in the web3 and blockchain ecosystem, driven by a mission to exemplify exception...
Greenidge Generation Holdings Inc. is a pioneering, vertically integrated bitcoin mining and power generation company that operates with a strong commitment to environmental sustainability. Situated in Upstate New York, it owns and utilizes a natural gas power plant to fuel its bitcoin mining operations, focusing on minimizing its carbon footprint through the use of low carbon sources and the purchase of carbon offsets. This makes Greenidge the first and only carbon-neutral, large-scale power generator and bitcoin miner in the United States. The company believes firmly in bitcoin's role as the future global currency, contributing to a more equitable financial system by facilitating access to investment and efficient payments globally. Through its innovative integration of energy production and digital asset creation, Greenidge not only supports the security, stability, and decentralization of the bitcoin blockchain but also sells electrical power to wholesale markets, marrying traditional energy supply chains with modern blockchain technology demands. Greenidge's operations highlight a unique model in the web3 and blockchain ecosystem, driven by a mission to exemplify exception...
