Bit Digital, Compute North Partner To Drive Sustainable Bitcoin Mining
Bit Digital will be colocating in Compute North facilities to leverage its renewable-energy-focused design for bitcoin mining.Bit Digital, one of the largest bitcoin mining companies in North America by hash rate, is expanding its operations by colocating in Compute North facilities, adding an additional 40 megawatts of hashing power with 13,000 new ASIC miners to its arsenal, according to a press release.Nasdaq-listed Bit Digital (BTBT), headquartered in New York, positioned the partnership as one that ups its ability to meet increasing demand from investors for sustainable bitcoin....
Related News
Bitcoin mining farm operator Compute North and financial services group Foundry Digital are bringing more hash power to North America. The post Compute North, Foundry Digital Partner To Bring More Bitcoin Mining To North America appeared first on Bitcoin Magazine.
Atlas expands its US mining operations in a 100MW deal with Compute North.
North American bitcoin mining operation Compute North announced a $25 million capital round, allowing for the expansion of its business. The post Compute North Raises $25 Million To Expand Bitcoin Mining Operations appeared first on Bitcoin Magazine.
Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that has of late forced some of the biggest crypto companies to close shop. Compute North filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas on Friday, citing mounting pressure […]
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay creditors.
Compute North Files for Chapter 11 Bankruptcy Protection
Five months ago last April, Compute North revealed the company was building a 300 megawatt (MW) data center in Texas. Months before that at the end of 2021, Compute North entered a deal with Marathon Digital Holdings (Nasdaq:....