Largest Bitcoin Miner in Texas Eyes IPO
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Bitcoin-focused mining firm Northern Data eyes a US listing that could raise up to $500 million, Bloomberg reports. While the exact date of the IPO remains unknown, the sale of new shares might start later this year. A source familiar with the matter said the IPO would increase the company's shareholder base "as well as its global profile."

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While Northern Data is headquartered in Frankfurt, its data-center is located in Rockdale, Texas. It is expected that Credit Suisse may be the organizer of the upcoming IPO.

Nvidia Reveals Crypto Mining Processor for Ether

Earlier in February, BitRiver, a data-center provider, announced it had imported in December 2020 from Asia to Russia a batch of over 20,000 crypto mining ASIC devices with a total capacity of about 70 MWh. All the devices belong to a foreign company whose name had not been disclosed.

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