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Greenidge says it has doubled employment at Dresden Bitcoin facility since start of COVID-19 pandemic

Greenidge Generation says it has doubled employment at its Bitcoin mining facility in the village of Dresden since the beginning of the COVID-19 pandemic.

Finger Lakes Partners (Billboard)

In a news release, the company said full time employment has increased from 22 in February, 2020 to 48 today. Greenidge says the average salary of those workers is twice the Yates County average.

“Economic impact is measured in a number of ways, but the most important measure is human, creating real opportunity for good, local people to benefit from meaningful work, and that’s exactly what is happening at our facility in Dresden,” said Greenidge President Dale Irwin.

The company said during the recent cold spell, it sent almost all the electricity it generated to the grid to power homes and businesses during their time of need.


Greenidge announced recently it had tripled its tax payments to the state, Yates County, the town of Torrey and the Penn Yan School District in the past year.

Environmentalists are fighting the Greenidge facility, in part because it discharges heated water into Seneca Lake.