Compute North
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | 1.1m | 3.3m | 12.4m | 2.1m |
% growth | - | 26 % | 200 % | 276 % | (83 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $4.7m | Seed | |
$12.5m | Debt | ||
N/A | $12.5m | Early VC | |
* | $85.0m | Series C | |
* | $300m | Debt | |
* | N/A | N/A | Bankruptcy |
Total Funding | CAD139m |
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Recent News about Compute North
EditCompute North is a prominent player in the cryptocurrency mining industry, providing managed services and hosting solutions for blockchain and digital infrastructure. The company operates state-of-the-art data centers designed to maximize the efficiency and effectiveness of mining operations. Compute North serves a diverse range of clients, including individual miners, institutional investors, and enterprises looking to leverage blockchain technology. The company operates in the rapidly evolving cryptocurrency market, offering a business model that includes both hosting and managed services. Clients can choose from various service levels, including hands-off maintenance and upkeep of their mining equipment, ensuring optimal performance and return on investment. Compute North generates revenue through service fees, hosting charges, and value-added services such as hardware upgrades and expert consultations. The company's facilities are equipped with advanced technologies like hot-swappable modular configurations and water cooling systems, ensuring high performance and minimal downtime.
Keywords: cryptocurrency, mining, blockchain, data centers, managed services, hosting, digital infrastructure, efficiency, hardware upgrades, institutional investors.