Bitcoin miner Greenidge has entered into an agreement with NYDIG to restructure $74.7 million in debt
BlockBeats news, December 20th, PR Newswire reported, Bitcoin mining company Greenidge Generation (GREE) and its lender crypto financial services company NYDIG have entered into a non-binding term sheet for restructuring $74.7 million in debt, according to which, NYDIG will purchase a Greenidge Bitcoin miner with a computing power of 2.8 EH/s, and NYDIG will agree to reduce its debt by approximately $57 million to $68 million.