Greenidge Dresden Power Facility and Bitcoin Mine

shutdown

Greenidge Generation's power facility and bitcoin mine in Dresden, New York, was taken fully offline after an electrical switchgear malfunction caused a fire. The incident triggered automated safety protocols that immediately de-energized the plant. The fire was contained with no injuries reported. The facility has approximately 106 megawatts of natural-gas generation capacity and hosts the majority of Greenidge's proprietary bitcoin mining and co-location business. The company is working with partners to investigate and formulate a repair plan, expecting to resume operations in the coming weeks without a firm timeline for restoration.