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Bitcoin Miner Greenidge Strikes Deal with NYDIG to Restructure Debt

Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million. The Nasdaq-listed miner plans to retain ownership of mining rigs with 1.2 EH/s capacity but may transfer its credits, coupons and additional assets to NYDIG under the agreement. (forkast)

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