Tuesday, October 22, 2024

Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture

Northern Data Considers Selling Crypto Mining Unit to Fund AI VentureNorthern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use the proceeds to fund the expansion its AI […]

via Terence Zimwara

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