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Greenidge Generation Holdings, a bitcoin mining startup, stated on Friday that it is expanding to South Carolina to build its next bitcoin mining site. The carbon-neutral Spartanburg facility, according to Greenidge, will be ready in 2021 or early 2022..
According to Greenidge Generation Holdings, bitcoin miners will be based in Spartanburg, South Carolina's 12th most populous city, by Q4 2021 or Q1 2022.Greenidge, based in Dresden, New York, has signed a letter of intent with LSC Communications, stating that it plans to extend its bitcoin mining activities to a facility held by Atlas Holdings portfolio business LSC. The agreement will begin with a ten-year lease on a decommissioned printing factory.
According to Greenidge Generation Holdings, bitcoin miners will be based in Spartanburg, South Carolina's 12th most populous city, by Q4 2021 or Q1 2022.Greenidge, based in Dresden, New York, has signed a letter of intent with LSC Communications, stating that it plans to extend its bitcoin mining activities to a facility held by Atlas Holdings portfolio business LSC. The agreement will begin with a ten-year lease on a decommissioned printing factory.