September 12, 2022
August 2022 Operational
Update
- Produced approximately 301 bitcoin in August 2022, and 1,771 bitcoin for the eight
months ended August 31, 2022.
- Hashrate capacity of approximately 2.4 EH/s from approximately
24,500 miners in service as of August 31,
2022.
- Approximately 5,000 older, less efficient miners representing
approximately 0.3 EH/s taken offline in August to create capacity
for new miners being delivered.
- Power plant uptime of 100.0% for the month of August.
FAIRFIELD, Conn., Sept. 12, 2022 /PRNewswire/ -- Greenidge
Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically
integrated cryptocurrency datacenter and power generation company,
today provided an operational update for the month of August 2022.
During the month of August 2022,
Greenidge produced approximately 301 bitcoin, bringing the total
bitcoin produced during the year to 1,771. As of August 31, 2022, Greenidge had approximately 2.4
EH/s of mining capacity online from approximately 24,500 miners. As
of August 31, 2022, approximately
5,000 older, less efficient miners representing approximately 0.3
EH/s had been taken offline to create capacity for newer, more
efficient miners being delivered.
The power plant located at Greenidge's facility in Dresden, NY was offline for zero hours during
the month of August, representing an uptime of 100.0% for the month
and 99.9% for the eight months ended August
31, 2022.
About Greenidge Generation Holdings Inc.
Greenidge
Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated
cryptocurrency datacenter and power generation company. Greenidge
is committed to 100% carbon-neutral datacenter operations at all of
its locations by utilizing low-carbon sources of energy and
offsetting its carbon footprint.
For further information, please contact:
Investor Relations
investorrelations@greenidge.com
Media Inquiries
media@greenidge.com
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SOURCE Greenidge Generation Holdings Inc.
