Greenidge Generation Holdings Inc. announced plans to develop a new cryptocurrency datacenter in Spartanburg County. The $264 million investment will create 40 new tech-sector jobs. Located on 175 acres in Spartanburg, Greenidge's South Carolina operations will house some of the most advanced and efficient cryptocurrency mining computers commercially available.

Greenidge expects the facility to have at least 100 megawatts of datacenter capacity when fully developed. The first phase of the project is expected to be online in the second half of 2022, with additional expansions to reflect this investment through 2025. Greenidge will provide information to individuals interested in becoming team members.