👷Bitcoin Miner Greenidge Generation Deploys 2,400 Miners at New Mississippi Site 👷

Greenidge Generation Holdings Inc., once one of the largest public Bitcoin miners in the US, has launched a new site in Mississippi, with 2,400 BTC mining capabilities.⚒️

The massive mining establishment, which spans across 12-ache, currently utilizes 8.5 MW (megawatt) power, according to the company’s official release. Besides, Greenidge is also looking to obtain at least 25 MW of additional power in the next 12 months.🔌

“With potential future expansion of at least 25 MW in Mississippi, other drivers for growth are on the horizon.”

The Bitcoin mining site was inaugurated on July 1, the announcement read. The company is also planning to deploy its first shipment of Antminer S21 Pro Bitcoin miner in the coming weeks.📅

“In addition, Greenidge expects to finalize the planned lease of the on-site warehouse by September 1, 2024,” it added.

🧬Greenidge Miner’s Long-Running Dispute With Environmentalists 🧬

Greenidge Generation’s crypto mining pollution operations have impacted the greenhouse gas emissions limits of New York’s Climate Law (the CLCPA), a new ruling in September 2023, noted.⛽

The crypto miner faced a lawsuit after thousands of community members submitted comments in opposition to company’s the air permit.⚒️

However, currently, Greenidge miner has 122 MW of total power capacity across 8,000 miners in operation. Apart from the Mississippi site, it acquired low-cost power capacity establishments in South Carolina and North Dakota.

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$BTC