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Binance creepts io In March of 2020, the company announced that it had finished its Bitcoin mining farm. This requires about 14 megawatts of the plant's 106 megawatt maximum output. Shortly after going online, Greenridge announced that it had sold 30% of its hash power to private investors: mostly hedge funds and family offices. Buyers benefit by gaining exposure to (generally) profitable Bitcoin mining without having to purchase and set up their own equipment. Greenridge benefits by locking in certain prices and having a source of upfront revenue to drive their operations. Despite the restrictions of the BitLicense, if you're looking to buy Bitcoin the safest and easiest way to do so is still via an exchange. 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