Greenidge Generation will use Bitcoin mining profits to build solar farms

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Greenidge Generation will use Bitcoin mining profits to build solar farms

2021/7/30

According to Thursday’s announcement, Bitcoin mining company Greenidge Generation will use its Bitcoin mining profits in the Finger Lakes region of New York to transform the Rockwood Mountain base into a solar farm capable of generating 5 megawatts of electricity to speed up the The closing of the nearby coal ash landfill. It seems that this new energy can also be used to increase the company's power generation in Seneca Lake's Bitcoin mine, which aims to use 85 MW for crypto mining by next year. The mine used to be coal-powered, but now uses natural gas.

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Greenidge Generation will use Bitcoin mining profits to build solar farms