Compute North has raised $385 million for mining development
The company has completed a Series C funding round led by major funds
10.02.2022 - 09:45
739
1 min
0
What’s new? Compute North, a digital infrastructure and cryptocurrency mining solutions provider, has reported the successful completion of another funding round. The company managed to raise a total of $385 million to further develop and expand its operations in the United States.
News on Compute North’s website
Who participated? The Series C round was led by funds such as National Grid Partners, Mercuria, and Generate Capital. On their part, $85 million of investments were raised. The $300 million in funds were received in the form of debt financing.
What will the funds be used for? Compute North plans to use the funding to further expand the company and develop new data centers in America. According to the company’s founder Dave Perrill, farms for the extraction of digital assets can be built in the states of Texas, Nebraska, and North Carolina.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$62 727
BTC
-1.36%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.1
XRP
-1.31%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.079108
DOGE
-3.13%
-
Zcash
$416.08
ZEC
-6.09%
-
Stellar XLM
$0.191938
XLM
-2.53%
-
Cardano
$0.152144
ADA
-4%
-
Polkadot
$3.32
DOT
+5.27%