Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm

Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into a Solar FarmFollowing the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is investing profits into a renewable energy investment program. The company is in the midst of expediting the closure of a coal ash landfill in order […]

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$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation

$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining OperationOn Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000 bitcoin miners that leverage some of the cheapest natural […]

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