Northern Data: Existing Bitcoin mining customer expands contract volume by more than 200 MW

These days are eventful ones for Bitcoin-lovers. And not just the ones who held on to their Bitcoins during the dark times get rewarded. Also, the Bitcoin mining industry is booming. Hidden giant is Germany’s Northern Data (listed on the German stock exchange; XETRA: NB2; ISIN: DE000A0SMU87), a leading provider of high-performance computing (HPC) solutions. Northern Data offers a full-service solution for Bitcoin Miners, from hardware purchase to data center operations. Today, the company announced the extension of a customer contract with a volume of ASIC chips worth USD 100 million. The existing customer has made use of an extension option, which it drew at the end of the year. The USD 100 million order volume of ASIC chips corresponds to additional capacity of more than 200 MW, which will be allocated to Northern Data’s up-to-five new Scandinavian and Canadian data center locations, among others. 1 Gigawatt Bitcoin mining operations…

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