Fire breaks out at Greenidge mining facility co-hosting NYDIG rigs
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A fire at Greenidge Generation Holdings' mining facility in Dresden, NY, caused by electrical switchgear failure, led to a temporary shutdown. The facility, co-hosting operations with NYDIG, will resume normal operations in weeks. The incident highlights challenges in commercial mining, including supply chain issues and high energy costs. Hashprice dropped to $35 PH/s, affecting profitability. Tether shut down its Uruguay operations due to energy costs, and Bitmain faces US investigation over security concerns.
Source: Cointelegraph The copyright of this article belongs to the original author/organization.
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