Greenidge plans to expand mining operations to South Carolina

mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year.

In a Friday announcement, Greenidge said it would be operating in a carbon neutral crypto mining facility in the city of Spartanburg. The company said it had signed a letter of intent for a 10-year lease with printing firm LSC Communications’ location on the outskirts of the South Carolina city, where it plans to start mining crypto “in late 2021 or early 2022.”