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Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns

Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental ConcernsSenator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations The […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 PetahashGreenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S mining rigs and also secured financing for 6,000 Bitmain-made Antminer S19 devices. Greenidge Partners […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility

Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining FacilityOn Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin Miner Greenidge Generation Plans to Expand to South Carolina Spartanburg, South Carolina, […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month

Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next MonthOn Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited environmental concerns over bitcoin mining. New York-based Bitcoin Miner Aims to Be Carbon Neutral […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity