Dresden, NY – According to filings with the U.S. Securities and Exchange Commission, Greenidge Generation is raising $40,500,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Tim Rainey played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Greenidge Generation

Greenidge provides world-class mining facilities, management, and support for the colocation of cryptocurrency mining equipment. Welcome to Greenidge Generation, a 106MW natural gas power plant, producing clean, low-cost electricity for both its on-site cryptocurrency mining operation as well as local New Yorkers. This long-established fixture on the shores of Seneca Lake uses low-emission fuel to generate power, maximizing output while minimizing the plant’s impact on the surrounding environment.

To learn more about Greenidge Generation, visit http://greenidgellc.com/

Contact:
Tim Rainey, Chief Financial Officer
315-536-2359
https://www.linkedin.com/in/timothy-rainey-mba/

SOURCE: http://www.intelligence360.io
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