The board of Bitcoin miner Greenidge Generation has appointed David Anderson as CEO effective October 8, 2022, and Scott MacKenzie as chief strategy officer. Greenidge Generation expects third-quarter revenue of about $29 million and a net loss of roughly $22 million. Foresight News previously reported that Greenidge Generation posted a net loss of $107.9 million in the second quarter, largely due to non-recurring non-cash charges of $71.5 million, while it said it would pause its expansion in Texas, prioritizing liquidity. security and capital preservation.