Greenidge Generation Mined 195 Btc In May

Greenidge Technology produced 195 BTC in Might, a slight lower from the 197 BTC mined the month earlier than.

The corporate introduced operational updates for the earlier month on Wednesday.

Greenidge had had roughly 1.7 exahash per second (EH/s) of mining capability from roughly 20,400 miners as of Might 31.

About 25% of that capability was situated at Greenidge’s facility in South Carolina, which began mining in December 2021.

The corporate is planning to triple its knowledge heart capability to 4.7 (EH/s) this yr, “with the overwhelming majority of the capability growth targeted exterior of the corporate’s authentic web site in New York,” in accordance with an announcement from March.

Greenidge is at present ready for a call from New York’s ​​Division of Environmental Conservation on a allow renewal for its mining facility within the Finger Lakes area.

Regarding the proof-of-work moratorium invoice not too long ago handed by New York’s legislature, the corporate has mentioned that even when signed into regulation by the governor it might not have an effect on mining operations at its 106-megawatt facility.

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