Greenidge Generation Holdings Inc's Comment on Supply Chain
The company owns and operates its own power generation facility, enabling energy-intensive datacenter operations such as cryptocurrency mining. It utilizes power generated behind-the-meter at its New York datacenter, reducing reliance on third-party power purchase agreements. Access to the Millennium Pipeline price hub provides relatively low market rates for natural gas, contributing to lower power costs. Hosting agreements with NYDIG require NYDIG to pay fees covering power costs, operating expenses, a hosting fee, and profit-sharing when miners are profitable. The company benefits from its experience in digital infrastructure operations and institutional support from its controlling stockholder, Atlas, which operates multiple power generation assets. Key suppliers include Atlas, Millennium Pipeline, and NYDIG.
Greenidge Generation Holdings Inc's Comment on Supply Chain
The company owns and operates its own power generation facility, enabling energy-intensive datacenter operations such as cryptocurrency mining. It utilizes power generated behind-the-meter at its New York datacenter, reducing reliance on third-party power purchase agreements. Access to the Millennium Pipeline price hub provides relatively low market rates for natural gas, contributing to lower power costs. Hosting agreements with NYDIG require NYDIG to pay fees covering power costs, operating expenses, a hosting fee, and profit-sharing when miners are profitable. The company benefits from its experience in digital infrastructure operations and institutional support from its controlling stockholder, Atlas, which operates multiple power generation assets. Key suppliers include Atlas, Millennium Pipeline, and NYDIG.
Sources:
Greenidge Generation Holdings Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
For your research, we’ve provided nine additional tables on Greenidge Generation Holdings Inc ’s suppliers.
You can find them in the navigation menu under Suppliers.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
