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This Power Station Makes $50,000 a Day Mining Bitcoin

  • New York energy company Greenidge Generation has added a mining data center to its power generation site.

  • The company will use behind-the-meter electricity to mine Bitcoin and other cryptocurrencies.

  • Greenidge aims to tap the profitability of both the cryptocurrency and the energy markets.


Greenidge Generation, an energy company based in Dresden, upstate New York, has announced that it successfully added a mining data center to its power generation site. The project aims to create a self-sufficient outfit that will use behind-the-meter electricity to mine Bitcoin and other cryptocurrencies.



“The upgraded site, representing an investment of $65 million, includes a fully integrated, behind-the-meter cryptocurrency mining operation [...] for the mining of mainstream digital currencies such as Bitcoin and Bitcoin Cash,” the company said in a press release. Read More...