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 ...
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...
Apr 21, 2021 | Posted by Eric Bell | Compute North
EDEN PRAIRIE, Minn., April 21, 2021 – Compute North and Bit Digital, Inc. (Nasdaq: BTBT), are pleased to announce an additional 40MW hosting agreement for the expansion of Bit Digital’s bitcoin mining operations in North America, with an important sustainability feature. As part of the agreem...