In June, Greenidge Generation mined about 18% more Bitcoins

Jul 13, 2022 01:00







Bitcoin miner Greenidge Generation mined 230 bitcoins in June, which is about 18% more compared to the previous month.
The company has increased its hashrate from 1.7 (EH/s) at the end of May to 2.5 EH/s currently, according to a production update released on Monday.

As of June 30, the Greenidge mining fleet numbered 27,500 machines. About 24% of the company's hashrate was located at its last facility in Spartanburg, South Carolina.

Greenidge said it plans to triple its bitcoin mining capacity in the U.S. this year, mainly outside of New York, where a 106 megawatt natural gas production facility currently operates.

However, a few days ago, the New York Department of Environmental Protection refused to extend the permit to the company due to non-compliance with the limits on greenhouse gas emissions set by the state.

The company has already stated that it will challenge the regulator's decision and continue production.

https://coin-signal.com/cryptonews/in-june-greenidge-generation-mined-about-18-more-bitcoins/
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