Greenidge Generation, a Bitcoin miner, has reduced its debt by $61M by landing a deal with NYDIG.  Greenidge Generation (GREE) and B. Riley Financial (RILY) have reached an agreement to assist in restructuring by offering an $11M promissory note that is owed.  Greenidge Generation, a crypto mining fir,m was hit hard during last year's market turmoil due to the company's reliance on natural gas which caused its margins to drop 20%.  In efforts to prevent a potential bankruptcy situation, the company has finalized its debt restructuring plan, which includes raising $1M in a stock sale underwritten by B. Riley.  This also includes a $1.9M principal payment on the note, reducing the balance to $9M.  To save additional cost. Greenidge will offload some of its real estate footprint in the South Carolina mining facility.  Other conditions include paying off $6M or more before June, then monthly payments that will be reduced to $400,000 instead of $1.5M.