Contact Us

+350 20079000 info@hassans.gi

This data will only be used by Hassans for processing your query and for no other purpose. View our privacy policy

Power plant mines 5.5 BTC per day

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.

“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/...

Gibraltar Opens the Door to Tokenised Fund Shares: What It Means and Who Can Use It

DLT now sits inside Gibraltar's statutory framework for investment funds, a step most jurisdictions have discussed without legislating...

Posted on
Read more

Latest Insights

When “High Profits” Become a Political Problem – and Why Jurisdiction Stability Matters More Than Ever

BP's first-quarter 2026 profits doubled. Shell's rose by nearly a quarter. TotalEnergies posted a 51 per cent jump. The headlines wrote...

Posted on
Read more

Gibraltar Opens the Door to Tokenised Fund Shares: What It Means and Who Can Use It

DLT now sits inside Gibraltar's statutory framework for investment funds, a step most jurisdictions have discussed without legislating...

Posted on
Read more

OECD Side-by-Side Package: More Than Just a US Story

The latest episode of International Tax Bites sees myself and Harriet Brown unpack the OECD's recently released Side-by-Side Package and...

Posted on
Read more