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New York Power Plant Sells 30% of Its Bitcoin Mining Hashrate to Institutional Buyers

Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers.

Updated May 9, 2023, 3:07 a.m. Published Apr 10, 2020, 9:00 a.m.
Greenidge mining facility
Greenidge mining facility