other material
confidence high
sentiment neutral
materiality 0.50
Greenidge July bitcoin production 58 BTC; hash rate climbs to 2.37 EH/s after May/June dips
Greenidge Generation Holdings Inc.
- April: ~120 BTC (44 self-mined, 76 hosting) at 2.80 EH/s; May: ~57 BTC (15 self, 42 hosting) at 2.34 EH/s.
- June: ~40 BTC (14 self, 26 hosting) at 1.61 EH/s due to planned power plant outage in Dresden, NY.
- July: ~58 BTC (19 self, 39 hosting) at 2.37 EH/s; 2,400 miners redeployed to Mississippi site.
- Hash rate fell in May from removing miners from hosting facilities; redeployment to more profitable sites underway.
- Expects further hash rate increase in August from deploying first shipment of S21 Pro miners and hydro improvements.