News

GDS Holdings has announced that it raised $620 million through convertible notes. The Chinese data center firm revealed that it entered into a deal to sell convertible senior notes worth $620 million to ST Telemedia Global Data Centres, Sequoia China Infrastructure Fund I (SCIF), and an Asi...

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...

Princeton Digital Group has announced that it raised a new round of equity led by Mubadala. Mubadala is the Abu Dhabi government’s arm, and it has put in $350 million in the equity round worth over $500 million. The round will fund PDG, which has 20 data centers across the APAC region with ...

China has announced that it has approved a large-scale project to build eight national integrated computing hubs with ten data center clusters. The National Development and Reform Commission (NDRC) and three other central departments (the Cyberspace Administration of China, the Ministry of Ind...

Recently, a committee of the Board of Supervisors argued that data centers should be prevented from being built on the Route 7 corridor in northeastern Loudoun County. Already the area is home to 25 million square feet of data centers, with data center development booming in recent years, a bo...

Google Cloud has launched Carbon Sense, an updated version of its tool for reporting and reducing carbon emissions. This new suite features Carbon Footprint (launched last year), a tool that measures the carbon emissions of Google customers' cloud usage, and an expanded version of Active Assi...

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...

Mindbreeze is launching another deployment in North America, which is to be hosted by Hivelocity. According to Daniel Fallmann, founder and CEO of Mindbreeze, this expansion into Chicago reportedly meets “all the technical and economic requirements to run our solutions with the highest energy...

According to experts, there is an emerging trend towards more crypto data centers being built in the US as a result of other markets introducing bans. China banned cryptocurrency last year, and Russia, in January, proposed a ban, too. That's not all - Sweden is also seeking to ban mining in th...

In its "European PPA Market Outlook 2022" report, Pexapark outlined that change is afoot regarding the way in which data center operators purchase renewable energy. The energy price volatility of 2021 will reportedly have a long-term impact on PPA deals, with larger consumers buying up big off...

According to financial publication Unquote, Star Capital is mulling over selling its majority stake in Datacenter One. The report claims the company has hired a financial services firm, Jefferies, to advise it on how to sell its majority shares in the German colocation firm. Datacenter One was...

According to India’s Economic Times. Digital Realty and Brookfield Asset Management’s joint venture in India has secured the purchase of 10 acres of land in Chennai. The companies acquired the land for over Rs 230 crore (~$30.8m). It is to be used for the development of a data center. One of t...

El Paso, Texas – February 21, 2022 – Transtelco is proud to announce that it has become Flō Networks. Over the past twenty years Transtelco has grown exponentially, and that growth has inspired an updated identity that better aligns itself with its values and future ambitions. The company’s le...

As more and more reports circulate that Russia is on the precipice of invading Ukraine, with no sign of withdrawal, those within the data center and digital infrastructure industry are discussing what it means for the sector. Omdia has outlined that potential conflict poses a threat to the ind...

Continent 8 has announced that it is going to expand its data center portfolio in Atlantic City, New Jersey. This comes following the Casino Reinvestment Development Authority board of directors giving the facility the green light. This facility, which will span 5,330 sqft, will be its third ...