The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications, and data storage solutions.
Category: Northern Data
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Bitcoin miner Northern Data says it has no financial debt, expects $204M in revenue for 2022
At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021.
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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. […]Powered by WPeMatico
Riot Blockchain Bitcoin production jumps 80% over pre-halving levels
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined.
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Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report: Sources Say Northern Data AG IPO […]Powered by WPeMatico