The power station operator said it will invest in a “portfolio” of greenhouse gas reduction projects to offset 100% of its miners’ carbon footprint.
Greenidge, which is planning to go public through a merger, came under fire last month for its plans to expand its upstate New York bitcoin mining facility.
The Greenidge case is one battlefront in a growing war over bitcoin’s environmental footprint.
In response, some North American miners have begun making moves toward 100% renewables in their energy sourcing.
Notably, bitcoin mining’s energy mix trends from 36-76% renewables depending on the time of year.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.