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Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation

Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its…

Continue ReadingNorthern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation

Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas

According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi,…

Continue ReadingNorthern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas

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…

Continue ReadingNorthern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets