Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG
The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.
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The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.
Bitcoin mining company and zero carbon power plant supplier Greenidge Generation has announced a transition of leadership and a possible loss in Q3 (Read More)
Greenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector. (Read More)
US Senator Elizabeth Warren questioned bitcoin mining firm Greenidge Generation Holdings about the impact of its operations on power prices, climate change and the local area as part of her efforts to tackle the negative consequences of cryptocurrency mining on the environment. (Read More)
Greenidge has refuted the claims that is pursuing legal action right now or “preventing anyone from sharing their position.”
The bitcoin miner that yesterday closed a merger to list on the Nasdaq announced buying flagship Bitmain rigs.
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over.
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