Greenidge plans to expand mining operations to South Carolina

Cointelegraph

Published Jul 02, 2021 03:12PM ET

Updated Jul 04, 2021 06:20PM ET

Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year.

In a Friday announcement, Greenidge said it would be operating in a carbon neutral crypto mining facility in the city of Spartanburg. The company said it had signed a letter of intent for a 10-year lease with printing firm LSC Communications’ location on the outskirts of the South Carolina city, where it plans to start mining crypto “in late 2021 or early 2022.”

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