Griid Infrastructure to double capacity of Lenoir City bitcoin mining operations

Griid Infrastructure 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 production,” said Trey Kelly, CEO of Griid. “We’re especially pleased to be expanding our footprint in the Tennessee Valley, where the Tennessee Valley Authority’s mix of affordable, reliable and low-carbon electricity has made this area an excellent long-term location to mine bitcoin.”