Greenidge Generation will install more in Texas and South Carolina 22 500 ASIC miners – Bits Media

Greenidge Generation will increase Bitcoin production by expanding farms in Texas and South Carolina. For this purpose the company orders 22 500 Antminer S19j Pro от Bitmain.

Mining company Greenidge Generation plans to expand capacity in Texas and buys site in South Carolina. IN
the ad says, that the company is entering into an agreement to build new data centers in Texas.

Besides this, Greenidge Generation will acquire printing company LSC Communications' South Carolina facility for $15 million, Initially it was planned to rent this plot. According to forecasts, the deal will be completed by early December this year. The company agreed, which can be located at six sites in Texas and locate its data centers there. The total capacity of the facilities will be 2 000 MW, some of them have access to wind and solar energy.

Greenidge has increased its order of S19j Pro ASIC miners from Bitmain from 10 000 to 22 500 units. The company's total order size is 29 000 However, the location of the new facility may become problematic in terms of logistics due to the quality of the roads and the resulting delivery difficulties., which should be delivered by Q3 2022 year. After deployment 44 950 ASIC miners, the total power of each of them will be 4.1 Eh/s and 130 MW.

In early October, the company published a report on its results for the period from July to September 2021 of the year. Net proceeds range from $33 to $37 million, and Greenidge Generation's losses are associated with the merger with Support.com.