Greenidge Generation Holdings, which owns a cryptocurrency mining center in New York, has received $100 million in financing to expand its operations.
$81.4 million of the new financing was borrowed from a NYDIG subsidiary business. About $26.5 million of the money comes from a bond agreement with an affiliate of B. Riley Financial, Inc.
According to the statement made by Greenidge Generation Holdings, the company will increase the production capacity of the data centers it operates before the end of this year. increased to 4.7EH/s plans to be.
Among the company’s plans Expanding its operations in other parts of the USA, in addition to its headquarters in New York there is. The company was recently in South Carolina. to mine bitcoin had begun.
Greenidge’s headquarters in New York has drawn backlash from environmental groups over the environmental impact of cryptocurrency mining. The company awaits a decision on whether to renew the license for this facility. your decision Learn before March 31 Waiting.
Lawmakers in New York, on the one hand, to miners who use carbon-based fuel to generate cryptocurrencies They continue to work on a bill that will impose restrictions.