Greenidge Generation Holdings

Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a U.S.-based vertically integrated cryptocurrency datacenter and power generation company headquartered in Dresden, New York (with corporate presence in Fairfield, Connecticut). The company owns and operates natural gas-fired power plants repurposed for Bitcoin mining, emphasizing low-cost energy, efficiency, and carbon neutrality through offsets and low-carbon sources. Greenidge's flagship facility is a 106 MW plant in Upstate New York (formerly coal-fired, converted to natural gas), with expansions into additional sites (e.g., Mississippi, South Carolina). As of mid-2025, Greenidge reported ~122 MW total power capacity across four active sites, ~3.3 EH/s hashrate (mix of self-mining and hosting), fleet efficiency improvements to ~23.8 J/TH, and ongoing miner upgrades (e.g., S21 Pro deployments). The company also sells proprietary Pod X mining infrastructure solutions. Greenidge commits to environmental stewardship, including carbon offsets and renewable investments, while contributing to grid stability. As of December 23, 2025, Greenidge is active with fleet optimizations, site developments, and exploration of growth amid institutional Bitcoin demand.

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Details

Location
Fairfield, CT
Launch Year
2014
Type
Miner/Hosting
Company Links
LinkedInWebsite

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450+
Colocation Facilities
50+
Mining Facilities
1500+
Miners & Containers for Sale
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450+
Colocation Facilities
50+
Mining Facilities
1500+
Miners & Containers for Sale

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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.

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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.

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