A new cryptocurrency data center is coming to Spartanburg County and creating 40 new jobs. Greenidge Generation Holdings Inc. says they are a vertically integrated cryptocurrency mining and power generation company committed to 100% carbon-neutral data center operations. The $264 million investment will create 40 new tech-sector jobs. Located along 175 acres at 300 Jones Road in Spartanburg, company officials said Greenidge Generation’s Upstate operations will house some of the most advanced and efficient cryptocurrency mining computers commercially available. Greenidge Generation officials said it expects the facility to have at least 100 megawatts of data center capacity when fully developed.“We are extremely excited to announce our commitment to expand our business to Spartanburg, and we’re grateful for the welcome and support we have received from the state and our local community,” Greenidge Generation Holdings Inc. Chief Executive Officer Jeff Kirt said. This is a significant step in Greenidge’s strategy to build upon our unique expertise at new locations across the country. This site is ideal, with an energy mix that is more than 60% carbon-free, opportunities for additional growth and a business-friendly climate. We’re excited to hire great, local talent immediately and support nearby businesses as we grow our company here in South Carolina.” The first phase of the project is expected to be online in the second half of 2022, with additional expansions to reflect this investment through 2025. Greenidge Generation will provide information to individuals interested in becoming team members, via its website, later this year. “South Carolina is transforming into a hub for tech-focused companies, and we welcome Greenidge Generation to our growing roster of innovative companies,” Gov. Henry McMaster said. The company’s $264 million investment and the 40 skilled jobs they are creating will make a tremendous impact in Spartanburg County and beyond.” Phil Yanov, founder of Tech After Five, said the cryptocurrency is growing. Mining, he said, is an integral component to cryptocurrency and that mining computers constantly run math problems, solving algorithms for Bitcoin mining. FIVE FAST FACTSGreenidge Generation is establishing operations in Spartanburg County. The $264 million investment will create 40 new tech-focused jobs. Greenidge Generation is a vertically integrated cryptocurrency mining and power generation company committed to 100% carbon-neutral data center operations. Located at 300 Jones Road in Spartanburg, South Carolina. Greenidge Generation will provide information to individuals interested in becoming team members, via its website, later this year.
A new cryptocurrency data center is coming to Spartanburg County and creating 40 new jobs.
Greenidge Generation Holdings Inc. says they are a vertically integrated cryptocurrency mining and power generation company committed to 100% carbon-neutral data center operations.
The $264 million investment will create 40 new tech-sector jobs.
Located along 175 acres at 300 Jones Road in Spartanburg, company officials said Greenidge Generation’s Upstate operations will house some of the most advanced and efficient cryptocurrency mining computers commercially available.
Greenidge Generation officials said it expects the facility to have at least 100 megawatts of data center capacity when fully developed.
“We are extremely excited to announce our commitment to expand our business to Spartanburg, and we’re grateful for the welcome and support we have received from the state and our local community,” Greenidge Generation Holdings Inc. Chief Executive Officer Jeff Kirt said. This is a significant step in Greenidge’s strategy to build upon our unique expertise at new locations across the country. This site is ideal, with an energy mix that is more than 60% carbon-free, opportunities for additional growth and a business-friendly climate. We’re excited to hire great, local talent immediately and support nearby businesses as we grow our company here in South Carolina.”
The first phase of the project is expected to be online in the second half of 2022, with additional expansions to reflect this investment through 2025.
Greenidge Generation will provide information to individuals interested in becoming team members, via its website, later this year.
“South Carolina is transforming into a hub for tech-focused companies, and we welcome Greenidge Generation to our growing roster of innovative companies,” Gov. Henry McMaster said. The company’s $264 million investment and the 40 skilled jobs they are creating will make a tremendous impact in Spartanburg County and beyond.”
Phil Yanov, founder of Tech After Five, said the cryptocurrency is growing. Mining, he said, is an integral component to cryptocurrency and that mining computers constantly run math problems, solving algorithms for Bitcoin mining.
FIVE FAST FACTS
- Greenidge Generation is establishing operations in Spartanburg County.
- The $264 million investment will create 40 new tech-focused jobs.
- Greenidge Generation is a vertically integrated cryptocurrency mining and power generation company committed to 100% carbon-neutral data center operations.
- Located at 300 Jones Road in Spartanburg, South Carolina.
- Greenidge Generation will provide information to individuals interested in becoming team members, via its website, later this year.
Read More:New cryptocurrency data center creates new jobs
2022-01-25 22:49:00
