A cryptocurrency mining and power generation company will be setting up shop in the Upstate. Greenidge Generation has announced plans to develop a data center in Spartanburg County. The company is set to invest over $260 million dollars, which is expected to create 40 new tech sector jobs. The company's new facility will be on a 175 acre campus on Spartanburg's Jones Road. The 1st phase of the project is set to be online later this year.
Governor McMaster said of the announcement “South Carolina is transforming into a hub for tech-focused companies, and we welcome Greenidge Generation to our growing roster of innovative companies. The company’s $264 million investment and the 40 skilled jobs they are creating will make a tremendous impact in Spartanburg County and beyond."
“To remain globally competitive, it’s imperative to embrace disruptive change and emerging technologies. Today’s announcement by Greenidge Generation is proof that South Carolina has the cutting-edge business environment and talent in place to attract new and innovative industries.” -Secretary of Commerce Harry M. Lightsey III