Greenidge Generation Holdings Inc
Oil and GasConnecticut, United States11-50 Employees
Greenidge Generation Holdings Inc. operates as a vertically integrated bitcoin mining and power-generation company with roots in Upstate New York and plans for expansion across North America. It runs a 106 MW natural gas plant, leveraging low power costs and in-house operational expertise to support its bitcoin mining activities while also supplying electricity to nearby homes and businesses. The company emphasizes a commitment to carbon-neutral bitcoin mining by using low-carbon energy sources and offsetting its footprint. It positions itself within the energy and digital assets sector as a provider that combines electricity generation with blockchain infrastructure, aiming to contribute to the security and transactability of the bitcoin network. Headquartered in Fairfield, Connecticut, Greenidge operates in an industry that intersects energy production and cryptocurrency mining. The organization has pursued growth through regional expansion, including announced plans for a large cryptocurrency facility in Nevada, and has engaged in asset movements in recent years, such as the sale of a Mississippi mining site. The company’s structure and capabilities suggest a focus on leveraging its generation assets to support scalable mining operations while aligning with low-cost energy access and regional grid needs.