In addition, Greenidge is actively pursuing a sale of excess real estate from its South Carolina mining facility. Any proceeds would go towards the note. If the miner is able to pay down $6 million or more prior to June, monthly payments would be trimmed to $400,000 from the currently scheduled $1.5 million.
Related posts
-
Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time
Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows... -
Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?
Bitcoin price recovered above the $62,000 resistance zone. BTC must clear the $62,500 resistance zone to... -
Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in...