Greenidge (NASDAQ:GREE) trades 1.2% higher premarket after it produced 609 BTC for the three months ended Dec.31, which marks an increase of 168% from 4Q20; for FY ended Dec.31, 2021, it produced 1,866 BTC. The company ended the year with ~17.3K miners delivered with an aggregate hashrate of 1.4 EH/s compared to ~6.9K miners with an aggregate hashrate of 0.4 EH/s at the end of 2020. Current order book consists of ~31.7K miners which are scheduled for shipment by September 2022. Post full deployment, the company expects to have ~49K miners in service with a hashrate of 4.7 EH/s.
Why Story (IP) Is Up Today?
