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greenidge

Greenidge Mining center
Business
Greenidge
Bitcoin Miner Greenidge Generation Shares Fall as Revenues Miss Estimates
The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”
Greenidge Mining center
By Nelson Wang
Aug 15, 2022 at 9:24 p.m. UTC
Aug 15, 2022
GreenidgeBitcoin MiningEarnings Reports
The Greenidge Generation facility in Dresden New York. (CoinDesk)
Business
Greenidge
New York Environmental Regulators Deny Greenidge’s Power Plant Permit
Greenidge Generation has been in hot water with environmentalists for its use of fossil fuels to power its bitcoin mining operation on New York’s Seneca Lake.
The Greenidge Generation facility in Dresden New York. (CoinDesk)
By Cheyenne Ligon
Jun 30, 2022 at 8:31 p.m. UTC
Jun 30, 2022
GreenidgeNew YorkClimate ChangeRegulation
The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)
Policy
New york
Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill
A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.
The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)
By Eliza GkritsiCheyenne Ligon
Jun 3, 2022 at 9:46 p.m. UTC
Jun 3, 2022
New YorkRegulationMiningBitcoin MiningGreenidge
Greenidge mining center (Caleb Parker)
Business
Mining
Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations
A local judge ruled that Greenidge's project "would not impact the air or water of Seneca Lake."
Greenidge mining center (Caleb Parker)
By Greg Ahlstrand
Apr 8, 2022 at 3:46 a.m. UTC
Apr 8, 2022
MiningEnvironmentGreenidgeNew YorkSupreme CourtLawsuit
Greenidge mining center (Greenidge)
Business
Earnings
Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance
The company also said permission for operations to continue at its New York facility has been delayed again.
Greenidge mining center (Greenidge)
By Aoyon Ashraf
Mar 31, 2022 at 9:47 p.m. UTC
Mar 31, 2022
EarningsMinersGreenidge
(Darren Halstead/Unsplash)
Policy
Mining
US Congress to Hold Oversight Hearing on Crypto Mining: Report
Lawmakers will look at mining’s effect on the environment.
(Darren Halstead/Unsplash)
By Eliza Gkritsi
Jan 6, 2022 at 6:43 a.m. UTC
Jan 6, 2022
MiningBitcoinBitcoin MiningGreenidgeUSUS CongressNew York
Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)
Business
Hut 8 mining
Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
However, DA Davison sees mining stocks as a better buying opportunity than bitcoin itself.
Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)
By Aoyon Ashraf
Dec 6, 2021 at 4:52 p.m. UTC
Dec 6, 2021
Hut 8 MiningRiot BlockchainMarathon DigitalGreenidgeHIVE Blockchain
Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)
Business
Greenidge
Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint
The Massachusetts senator sent a letter to the bitcoin miner asking for more details about the environmental impact of its mining operation.
Sen. Elizabeth Warren (D-Mass.) (Kevin Dietsch/Getty Images)
By Aoyon Ashraf
Dec 3, 2021 at 9:16 p.m. UTC
Dec 3, 2021
GreenidgeBitcoin MiningEnvironmentNew York
Greenidge Mining center (Caleb Parker)
Business
Bitcoin mining
Bitcoin Miner Greenidge Generation Offers Additional $35M in Bonds
The proceeds will be used for capital expenditures and acquisitions, among other purposes.
Greenidge Mining center (Caleb Parker)
By Aoyon Ashraf
Dec 1, 2021 at 2:53 p.m. UTC
Dec 1, 2021
Bitcoin MiningGreenidgeBonds
Greenidge Generation mining facility (Getty Images)
Business
Greenidge
Greenidge Generation Reports Record Revenue in Q3, Names New CFO
The bitcoin miner’s third-quarter revenue grew 484% year over year, and the company appointed Robert Loughran as its new chief financial officer.
Greenidge Generation mining facility (Getty Images)
By Aoyon Ashraf
Nov 15, 2021 at 3:27 p.m. UTC
Nov 15, 2021
GreenidgeEarnings