- Greenidge Generation Holdings press release ( NASDAQ: GREE ): Q2 GAAP EPS of -$2.61.
- Revenue of $31.3M (+93.4% Y/Y).
- Shares -2.8% .
- Produced approximately 621 bitcoin during the second quarter
- Power plant uptime of 100.0% in second quarter, 99.8% YTD, and 98.3% LTM, including downtime for scheduled maintenance outages
- Mining capacity of approximately 2.5 EH/s from approximately 27,500 miners at June 30, 2022
- $67 million in cash and fair value of cryptocurrency holdings at June 30, 2022
- Approximately $92 million of additional cash on deposit with Bitmain as of June 30, 2022
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July 2022 Operational Update
- Produced approximately 287 bitcoin in July 2022
- Approximately 2.7 EH/s of mining capacity from approximately 29,300 miners as of July 31, 2022
- Power plant uptime of 100.0%
For further details see:
Greenidge Generation Holdings GAAP EPS of -$2.61, revenue of $31.3M