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CATEGORY: northern


Dec 22, 2022 07:15

German Bitcoin Miner Expects Revenue Of $205M For 2022 – Despite Volatile Markets

Northern Data, a German Bitcoin mining company’s CEO, Aroosh Thillainathan, shared a letter to shareholders on December 21st that included a positive and strategic update on the company as 2022 approaches to end. The CEO stated that the company anticipates revenue of €190-194 million ($201.4 million to $205.64 million) for the year 2022. He explained that […]

Dec 21, 2022 08:50

Most Bitcoin Mining Firms Towards Bankruptcy in 2022!

The year 2022 couldn’t be denied that it has indeed been tough. Though the end for the year is near,

Bitcoin miner Northern Data says it has no financial debt, expects €192M in revenue for 2022

Author: Cointelegraph By Zhiyuan Sun
United States
Dec 21, 2022 04:40

Bitcoin miner Northern Data says it has no financial debt, expects €192M in revenue for 2022

At the midpoint, the guidance represents a growth of 1.1% from revenues in 2021.

Australia’s Northern Territory mulls landmark crypto gambling regulation

Author: Cointelegraph By Brian Quarmby
United States
Aug 24, 2022 08:20

Australia’s Northern Territory mulls landmark crypto gambling regulation

“It's clear from the draft framework that what they're looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet.

Apr 04, 2022 09:55

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

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 March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. […]

 Northern Data wants to sell Peak Mining to invest in AI expansion

Author: Cointelegraph by Derek Andersen
United States
Oct 22, 2024 12:00

Northern Data wants to sell Peak Mining to invest in AI expansion

The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.

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