GRIID INFRASTRUCTURE INC. overview

CINCINNATI, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (Nasdaq: GRDI) (“GRIID” or the “company”), a vertically integrated bitcoin mining operator, announced plans to double the capacity of its bitcoin mining operations in Lenoir City, Tenn. from 20 MW to 40 MW in mid-2024 by adding a new site expected to power approximately 6,500 machines. “We’re focused on building our growth and expanding our capacity by moving sites like this from our power pipeline to...

CINCINNATI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (NASDAQ: GRDI) (“GRIID” or “Company”), an American infrastructure company that develops and operates vertically integrated bitcoin mining facilities, announced plans to develop and operate a 60 MW bitcoin mining site in Tennessee. The new mining site will be located in Jackson, Tennessee on a 15-acre plot owned by the Company. The local utility, Jackson Energy Authority, has built a substation on the property to...