Bitcoin Mining Blaze: Fire Strikes Greenidge Site Running NYDIG Hardware
Fire knocked out power and halted bitcoin mining at Greenidge’s Dresden, New York site after an electrical failure sparked a blaze last week. Related Reading: Strategy Stock Crashes 60% — But Michael Saylor Refuses To Step Aside According to reports, the incident forced the plant to shut down its generation and data center operations, temporarily […]
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A source from Cowboyminers has now clarified the date and time of the fire: 14th October at 04:30am local time. UPDATE (10th November 10:40 GMT): A previous version of this article stated that the bitcoin hash rate dropped following the outage. This has been removed awaiting further confirmation from sources concerning the exact date of the blaze. More to follow. A bitcoin mining facility in Thailand was destroyed in a massive fire last month and foul play has not been ruled out, according to a local source. The 5-megawatt farm was operated by mining cooperative Cowboyminers and primarily....
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S mining rigs and also secured financing for 6,000 Bitmain-made Antminer S19 devices. Greenidge Partners With Foundry, 8,300 Bitcoin Miners Transferred in the Deal On Wednesday, Greenidge announced that the company has partnered with the Rochester, New York-headquartered Foundry, a company that....
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm. Bitcoin mining company Greenidge Generation is planning to increase the number of renewable energy sources available for use in New York.In a Thursday announcement, Greenidge said it would be using the profits from its Bitcoin (BTC) miners in the Finger Lakes region of New York state to expedite the closure of a nearby coal ash landfill. The company plans to transform the Lockwood Hills site into a solar farm capable of generating 5 megawatts of power. Greenidge....
Support.com and Greenidge Generation are expected to complete the merger in the third quarter of 2021. Greenidge Generation, a New-York based Bitcoin mining company that owns its own power plant, aims to go public through a merger with technical support provider Support.com.In an announcement today, Greenidge said it had signed an agreement with Support.com to merge in a stock-for-stock transaction. Though shareholders will have to approve the merger, the firm reports it would be one of the first publicly listed Bitcoin (BTC) mining companies to generate the power consumed by its crypto....
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining. New York-based Bitcoin Miner Aims to Be Carbon Neutral by June 1st and Beyond Ever since Tesla cited environmental concerns over bitcoin (BTC) mining and told the public it would not be accepting BTC for electric cars, the topic has spread widely across social....