FAIRFIELD, Conn., Jan. 7, 2022 /PRNewswire/ -- Greenidge
Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today
announced bitcoin ("BTC") production and mining capacity for
December 2021.
For the three months ended December 31,
2021, Greenidge produced 609 BTC, an increase of 168% from
the fourth quarter of 2020. For the year ended December 31, 2021, Greenidge produced 1,866
BTC.
Greenidge ended the year with approximately 17,300 miners
delivered with an aggregate hashrate of 1.4 EH/s. This
compares to approximately 6,900 miners with an aggregate hashrate
of 0.4 EH/s at the end of 2020.
Greenidge's current order book consists of approximately 31,700
miners scheduled for shipment by September 2022. When the
order book is fully deployed, the company expects to have
approximately 49,000 miners in service with a hashrate of 4.7
EH/s.
About Greenidge Generation Holdings Inc.
Greenidge
Generation Holdings Inc. (NASDAQ: GREE) is a vertically
integrated bitcoin mining and power generation company. Greenidge
is committed to 100% carbon-neutral bitcoin mining at all of its
locations by utilizing low-carbon sources of energy and offsetting
its carbon footprint.
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SOURCE Greenidge Generation Holdings Inc.