Greenidge Generation to open new green data centre for bitcoin mining

July 3, 2021

Greenidge Generation

New York State-based mining company Greenidge Generation has announced plans to launch a new bitcoin mining facility in South Carolina.

The data centre will be housed in the facilities of a former printing plant in Spartanburg. The company is leasing the building for 10 years from firm LSC Communications.

The facility will begin operations in late 2021 or early 2022. Greenidge Generation intends to use the existing infrastructure with the possibility of further growth.

"In line with Greenidge's long-standing commitment to environmental leadership in power generation and cryptocurrency operations, the Spartanburg facility will be completely carbon neutral," the company said.

Earlier, three environmental organisations and more than 20 residents of the US city of Torrey sued the local government and Greenidge Generation. According to the plaintiffs, the officials approved the expansion project of the mining centre without an environmental impact statement.

In March 2021, it was revealed that Greenidge Generation Holdings plans to enter the Nasdaq through a merger with customer solutions provider

Recall that in May, Greenidge Generation promised to completely neutralise the carbon footprint of bitcoin mining by purchasing CO₂ emission allowances.

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Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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