According to a report, the bitcoin mining company Greenidge Generation, will introduce a second facility located in South Carolina, United States.
According to a press release, Greenidge Generations Holdings, Inc. has plans to establish a second bitcoin mining operation in South Carolina. The facility will be entirely carbon neutral.
According to the release, “the site, a retired printing plant, previously drew approximately 80MW of power and has expansion potential beyond that capacity.”
The facility would contribute to a growing trend of increasing investment in renewable energy, a positive in terms of the public perception of bitcoin mining.
The release stated:
“Approximately two-thirds of the electricity at the site is sourced from zero-carbon sources such as nuclear power, making it an attractive location for Greenidge. Greenidge has committed to offsetting the operation’s remaining carbon footprint, building on its record in New York State of operating a fully carbon neutral mining business.”
These green innovation initiatives also comes on the heels of a mass migration of hashrate from China, a notoriously “dirty” bitcoin mining center.
Coupling such industry orientation with geopolitics that supports the increasing use of renewables in bitcoin mining creates great potential for clean energy usage in the industry.
“This is an important step in Greenidge’s strategy to build upon our unique expertise in environmentally sound bitcoin mining at additional locations across the country,” CEO of Greenidge Jeff Kirt commented on the development.
These actions are aimed to rectify the perspective of environmental critics in regards to the mining of bitcoin.
