Greenidge Generation, a natural gas power plant near the town of Dresden, New York, announced it had successfully installed a mining farm in its facility. Comprised of nearly 7,000 mining rigs and powered by electricity generated on-site, the facility can mine an average of 5.5 bitcoins (BTC) every day.
Subscribe to more insights from our experts at Hassans Subscribe now!
“Due to our unique position as a co-generation facility, we are able to make money in down markets so that we’re available to catch the upside of volatile price swings” - Tim Rainey, Greenidge’s chief financial officer.
finance.yahoo.com/...
/Passle/5e2ef0738313d50b64779f79/MediaLibrary/Images/2026-06-25-13-53-01-853-6a3d32bda842068e65857b52.png)
Hassans Advises Trident Trust on Successful Regulatory Application in Gibraltar
Hassans is pleased to announce that it has successfully advised Trident Fund Services (Malta) Limited ("Trident Trust") on its...
/Passle/5e2ef0738313d50b64779f79/MediaLibrary/Images/2026-07-09-14-08-08-702-6a4fab48aa0200e3d7e3f2be.png)
/Passle/5e2ef0738313d50b64779f79/MediaLibrary/Images/2026-06-29-08-20-51-200-6a422ae369149ae1ea2fabb9.png)
