News
Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG: NYDIG Purchasing 2.8 Eh/s of Greenidge’s Bitcoin Miners, Greenidge Will Host them for NYDIG
This would eliminate $57-$68 million of debt, leaving Greenidge with approximately 1.8 EH/s of its own miners, while requiring that the mining firm also pledge the rest of its unencumbered assets to secure the remainder of the loan.