Data Center News

White Rock's flared gas cryptomine facility launches in Texas

Texas

Cryptomining firm White Rock Management has announced it is the latest company to decide to use flared gas to fuel its mining operations, launching its first US bitcoin mining operation in Texas' Brazos Valley region. This bitcoin mining facility will be powered using the oil well's excess nat...

Flared gas data centers: BitRiver partners with Gazprom Neft

BitRiver

BitRiver, a crypto mining company,  is partnering up with Gazprom Neft, the third-largest oil producer in Russia and subsidiary of state-owned energy firm Gazprom, to power crypto mine data centers with flared gas, it has been announced. This comes following an MoU between the two signed at S...

GMT To Develop Crypto Mining Data Center in The UAE

United Arab Emirates (UAE)

GMT has announced its plans to develop a data center in the UAE. The Singapore-based crypto mining company revealed in a Medium post that it would be investing heavily in developing a data center in the region. According to GMT, there’s no exact location for the data center yet, but more in...

Renewable energy and Grid Share's bitcoin mining data center

New Zealand

Grid Share has announced that it plans to launch a bitcoin mining data center in New Zealand's south island. The facility will be built next to a hydroelectric dam, the Pioneer Energy-owned Monowai Power Station, with whom Grid Share has partnered to supply energy. The 2MW facility will utiliz...

Riot Blockchain's 1GW cryptomining farm in Texas

Texas

Riot Blockchain Inc. has announced that it is going to build a new cryptomine data center in Texas, on a 265-acre site that will utilize 1GW of energy, with an initial capacity of 400MW. According to reports, if used at full capacity constantly, the facility would consume the same amount of en...

Franklin County Officials Reject Zoning Request For a Crypto Mining Data Center

Tennessee

The Franklin County Commission has denied a zoning request that would have allowed the development of a crypto data center. The Tullahoma Utilities Authority requested 9.12 acres of land at 6945 Spring Creek Road to be rezoned to a C-1 commercial restricted district from an R-2 general resi...

Compute North Starts Work on its 300MW Facility in Granbury, Texas

Compute North has announced that it has started constructing its 300MW data center. The facility is located at a gas-fired power plant in the lone star state of Texas. The CEO and co-founder of the company, Dave Perrill, said Compute North is thrilled to break ground on its new data center....

Kazakhstan continues its crackdown on illegal bitcoin mines

Kazakhstan

Kazakhstan is continuing its crackdown on illegal Bitcoin mines, and has shutt down over a dozen facilities amid power outages. Together, the Kazakh Ministry of Energy, the Committee for Nuclear and Energy Supervision, local police, and other state body representatives worked to identify the c...

Bitfury Opens 28MW Crypto Mining Data Center in Sarnia, Canada

Crypto Mining Data Center

Bitfury Group has announced the launch of a new crypto mining data center in Sarnia, Canada. The 28MW data center will begin operations with 16MW of capacity before the end of February. It will also add 12MW of capacity by the end of May. The company noted that the facility could be expanded t...

Unstable power supply halts BIT Mining data center in Kazakstan

BIT

BIT Mining is pulling out of a near-$10M mining data center construction project in Kazakhstan, it has been revealed. The Hong-Kong based mining company announced back in May its intention to build and operate a 100 megawatts (MW) facility in the country, a move that saw its shares slide as f...

Compute North Secures $385 Million In Strategic Funding

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...

Hut 8 Announces Closing of the Acquisition of TeraGo's Data Center Business

Hut 8 Corp

TORONTO, Jan. 31, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the closing of its defini...

Mining data centers blamed for power deficit in Kazakhstan

Kazakhstan

In recent years, Kazakhstan has become a hotspot for mining data centers, with the country becoming the second-largest producer of Bitcoin; however, alongside this developmental surge, there has also been a lack of infrastructure to support these energy-hungry coin minting facilities. Reports ...

Grid vulnerability warnings in Texas

Texas

There are growing concerns around grid availability in Texas after the announcement that as much as 5,000MW of cryptocurrency load could be added to the grid by 2023. According to reports, operator Electric Reliability Council of Texas (ERCOT) will oversee 3,000-5,000 MW added in addition to t...

Compute North turns its back on Pitt County facility following push back

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...

Genesis Digital Assets expands data center footprint in West Texas

Texas

Genesis Digital Assets, a U.S.-based Bitcoin (BTC) mining firm, has announced that it is expanding its data center footprint in Texas. The facility will be industrial-scale with a capacity of 300MW.According to reports, the facility will also have sustainability at its core, with “sustainable ...

Is a new data center to move into Pitt County?

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...

Rostelecom signs data center service deals with Russian Post and mining company Petropavlovsk

Rostelecom

Russian telco Rostelecom has announced the signing of a new data center deal with Russian gold mining company Petropavlovsk and Russian Post. Rostelecom signed a five-year contract worth RUB13.5 billion ($184.3 million) with Russian Post to provide IT services. The agreement will see Rostel...

Bit5ive and Manhattan Solar Partners plan a large Renewable Powered Crypto Mining Facility in Texas

Bit5ive

Manhattan Solar Partners, a joint venture between BIT5IVE LLC and GMine LLC, will be building the largest renewable energy data center in Texas. BIT5IVE LLC builds class A crypto mining centers while GMine explores the capabilities of using green energy in mining crypto. The new data centers b...

Volcanic geothermal energy for Bitcoin mining data centers in El Salvador

El Salvador

Following El Salvador declaring Bitcoin as legal tender, the country's president Nayib Bukele has instructed state-owned geothermal electric company, LaGeo, to create a plan to offer geothermal energy to Bitcoin mining data centers.On Twitter, Bukele announced the news, saying: "I've just inst...