Greenidge Generation mined 195 BTC in May

Greenidge Generation produced 195 BTC in May, a slight decrease from the 197 BTC mined the month before.

The company announced operational updates for the previous month on Wednesday.

Greenidge had had approximately 1.7 exahash per second (EH/s) of mining capacity from approximately 20,400 miners as of May 31.


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About 25% of that capacity was located at Greenidge’s facility in South Carolina, which started mining in December 2021.

The company is planning to triple its data center capacity to 4.7 (EH/s) this year, “with the vast majority of the capacity expansion focused outside of the company's original site in New York,” according to a statement from March.

Greenidge is currently waiting for a decision from New York's ​​Department of Environmental Conservation on a permit renewal for its mining facility in the Finger Lakes region.

In regards to the proof-of-work moratorium bill recently passed by New York's legislature, the company has said that even if signed into law by the governor it would not affect mining operations at its 106-megawatt facility.

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Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).