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The Gateway Business Center offers a strategic location that allows Compute North to utilize cost-efficient renewable energy with low power costs.
The balance of affordability, stranded power and a cold climate made the Gateway Business Center a great choice for Compute North, who signed a lease with options to extend. To maximize their 8,700 SF facility, Compute North spent over $1 million in upgrades, adding transformers, electrical panels, and converting docks into ventilation.
Compute North delivers high-performance cryptocurrency mining and infrastructure solutions to customers around the globe.
Nov 25, 2022 | Posted by Abdul-Rahman Oladimeji | Compute North
Compute North has sold two of its data centers to crypto mining firm Foundry Digital amidst bankruptcy. Compute North provides data center hosting services for blockchain and crypto mining firms. The company filed for Chapter 11 bankruptcy in September due to owing over 200 creditors up to ...
Mar 25, 2022 | Posted by Abdul-Rahman Oladimeji | South Dakota
SDN Communications has announced that it is expanding its data center located at Sioux Falls, South Dakota. The US broadband provider will add a 25,000 square foot (2,320 square meter) pod to the existing structure. This will increase the total space to 50,000 square feet. According to SDN, th...
Feb 10, 2022 | Posted by Abdul-Rahman Oladimeji | Compute North
Compute North has announced the closing of its next growth capital round of $385 million. The capital raised comprises $300 million in debt financing and $85 million in initial Series C equity closing, led by Generate Capital and Mercuria. Compute North will fund the development of new project...
Nov 04, 2021 | Posted by MadalineDunn | Compute North
Following mounting concerns from locals, the controversial data center heading for Pitt County is no longer happening. Compute North has announced that it has requested to withdraw its permit application for a data center that would have been located opposite the nearby Belvoir Elementary Scho...
Oct 14, 2021 | Posted by MadalineDunn | Compute North
As reported by WITN, there are murmurs in Pitt County that a data center may be on its way. This news has not been well received by locals, who have voiced concerns around the facility, which is to be proposed next to Belvoir Elementary School. Locals are apprehensive about potential noise pol...