Stoush over Greenidge miner's legal threats to activists over ‘false' claims
Greenidge has refuted the claims that is pursuing legal action right now or “preventing anyone from sharing their position.” Greenidge Generation LLC, an upstate New York-based Bitcoin (BTC) mining firm has reportedly threatened legal action over repeated “demonstrably false” claims from local activists.Greenidge mines BTC at its gas-fired power plant near the Seneca Lake in Dresden, and the firm has been locked in a long-running battle with activists who allege that the firm’s practices are damaging to the local environment. Activists Yvonne Taylor and Abi Buddington claim that the....
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The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise $22.8 Million via Stock Offer According to a prospectus supplement SEC filing, Greenidge Generation is looking to raise $22,800,000 from a sale of class A common stocks. Greenidge....
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin Miner Greenidge Generation Plans to Expand to South Carolina Spartanburg, South Carolina, the 12th most populous city in the state will be home to bitcoin miners by Q4 2021 or Q1 2022, according to Greenidge Generation Holdings. The Dresden, N.Y.-based firm signed a letter of intent with LSC....
On Monday, the New York-based company Greenidge Generation Holdings revealed the business aims to be the first publicly-listed mining operation with a wholly-owned power plant. Greenidge expects to be publicly listed on Nasdaq via a merger with the firm Support.com. Greenidge Bitcoin Mining Operation and Gas Power Plant Plans to be Listed on Nasdaq Last year in March, Bitcoin.com reported on the company Greenidge Generation Holdings joining the bitcoin mining ecosystem, as it launched a fleet of mining rigs at the 65,000 square-foot natural gas utility plant in Dresden New York. Because....
Bitcoin miner Greenidge has partnered with Foundry Digital to buy 2,300 WhatsMiners and finance 6,000 Antminers, plus join Foundry USA Pool.
Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021.