The NY Supreme Court has allowed Greenidge to continue its mining operations, despite challenges in the permitting process by the Department of Environmental Conservation, which gets another chance for a do-over.
Environmental activists in New York raise concerns about Bitcoin mining at Greenidge power plant, citing increased carbon emissions and ecological impacts. The plant's use of fossil fuels contradicts state climate goals. Calls for tighter regulations and potential closure of such facilities are being made.
Greenidge has sold its South Carolina Bitcoin mining facility to NYDIG for $21 million to repay debt and focus on profitable ventures.
Greenidge Bitcoin miner deploys 2,400 miners at their new Mississippi site, currently utilizing 8.5 MW of power and planning to acquire at least 25 MW more in the next year.
Greenidge Generation Holdings Inc. expands its bitcoin mining operations with a new facility in Mississippi, featuring 2,400 miners.
