About Greenidge Generation Company

Greenidge Generation Holdings Inc. It was incorporated in Delaware on January 27, 2021. The company has a vertically integrated bitcoin mining and power generation facility in Torre, New York. Unlike most other Bitcoin mining companies, the company has its own power generation assets and operates its own data centers and miners. The company believes that the power generation capacity behind the meter provides a stable and cost-effective source of electricity for bitcoin mining. The company has a large number of potential new locations where they plan to replicate its vertically integrated bitcoin mining and power generation business model. In addition, the company is evaluating partnerships with low-cost energy owners, with a particular focus on renewable energy as a potential way to develop its bitcoin mining business.