Mining

Greenidge Generation mined rougly 18% more bitcoin in June


Bitcoin miner Greenidge Era mined 230 bitcoin in June — a roughly 18% month-over-month enhance.

The corporate elevated its hashrate from 1.7 (EH/s) on the finish of Could to 2.5 EH/s now, in line with a manufacturing replace posted Monday.

Greenidge’s mining fleet totaled 27,500 machines as of June 30. Round 24% of the corporate’s hash price was positioned at its most up-to-date facility in Spartanburg, South Carolina.

Greenidge has mentioned that it deliberate to triple its US mining capability this yr, increasing largely exterior of New York, the place it at present operates a 106-megawatt pure fuel facility. 

A couple of days in the past, the corporate noticed its air allow renewal denied by New York’s Division of Environmental Conservation for failing to adjust to greenhouse fuel emissions limits set by the state.

The corporate already mentioned that it will problem the regulator’s resolution and proceed to mine within the meantime.


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