November 8, 2024

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Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture

1 min read
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 […]