Tag: Northern Data
Embracing the AI Boom: Northern Data Considers Leaving Bitcoin Mining Roots
Northern Data, Europe's largest Bitcoin miner, is considering selling its mining division, Peak Mining, to focus more on its rapidly growing AI Solutions business. The company has seen significant growth in its AI segment,...
Northern Data Revenue Decreased to €77.5M, Mined 2,298 BTC in 2023
Northern Data Group experienced a decrease in revenue, with a reported net revenue of €77.5 million for the fiscal year 2023, compared to €193.3 million in 2022. The company's total income also saw a...
Lawsuit: Former Northern Data Executives Sue Tether-Backed Company for Fraud
Joshua Porter and Gulsen Kama, former executives of Tether-backed German tech company Northern Data, have taken legal action against the company, claiming they were wrongfully terminated for raising concerns about financial misconduct and tax...