“We Participate Directly in the Rising Bitcoin Price“ — Aroosh Thillainathan,...

“We participate directly in the rising Bitcoin price“ Northern Data, the specialist in high-performance computing, is one of the world’s leading providers of infrastructure for Bitcoin mining and listed on the Frankfurt Stock Exchange (XETRA: NB2, ISIN: DE000A0SMU87). We spoke with founder and CEO Aroosh Thillainathan about the prospects for Bitcoin and the growth expectations for Northern Data. Mr. Thillainathan, Bitcoin is gaining more and more attention, not the least because of the enormous rise […]

Northern Data’s revenue has hit the 180-220 million Euros mark this year, according to their 2021 YTD disclosure. The firm’s Chief Executive Officer (CEO), Aroosh Thillainathan, expressed his firm’s pleasure at providing the update, which comes after a period of uncertainty around Northern Data’s annual report. The report is Northern Data’s first since acquiring  Decentric […]

Northern Data believes the acquisition will position it as a leading mining firm globally. Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield enterprise to be sold at a value of roughly $460 million. Northern Data will acquire an equity interest of between 86% and 100% in Bitfield as per the agreement.Northern Data claims it has become “a leading global Bitcoin mining company” through the acquisition, with....

Corona is a community network for developers of decentralized applications and a highly collaborative platform-agnostic development network promoting and funding the development of decentralized applications and services. The Corona network aims to accelerate adoption, increase awareness, and optimize the creation of the new decentralized web. Today Corona introduced the first of its kind crowdfunding platform compatible with multiple different cryptocurrencies including Bitcoin and multiple altcoins. Corona hopes to significantly lower the barrier to entry and create a bridge to an....

XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern. Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost "overbought."Monero price RSI meets rising wedgeDownside risks have been mounting due to XMR's relative strength index (RSI), which almost hit 70 this May 23, indicating that the market is considered overvalued. An oversold RSI could amount to a bout of declining moves, as a rule of technical analysis.Additionally, Monero is also painting a bearish reversal....