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Greenidge Generation Holdings Inc. has broadened its bitcoin mining operations by opening a new site in Mississippi on July 1, 2024. Featuring 2,400 bitcoin miners, this facility is part of the company’s plan to increase its operational footprint. Greenidge has equipped the new site with its cutting-edge Greenidge Pod X infrastructure, which boasts an 8.5 MW power capacity set to expand by an additional 25 MW within the year.
According to company statements, the newly launched Greenidge Pod X plays a crucial role by optimizing equipment temperatures, thus enhancing uptime and longevity. This innovation not only advances Greenidge’s capabilities but also solidifies its position as a leader in global large-scale mining solutions.
This strategic expansion includes acquiring and developing properties across the U.S. and Canada, where Greenidge now operates four facilities. The company’s total mining power capacity stands at 122 MW, with around 8,000 miners. “This marks a significant milestone in our growth trajectory,” commented CEO Jordan Kovler, emphasizing the pivotal role of their latest technology in long-term strategic growth.
