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The Frankfurt-based company that provides computing services to miners climbed nearly 8.4% on Wednesday morning to 77.80 euros ($ 88) before pulling back.
This followed the company’s 2021 operational update, in which it announced that it had generated 26,554 Ether in August-December 2021 and 666 Bitcoin between September and the end of the year.
In December alone, 227 bitcoins and 5,740 Ether were produced. Northern Data reported that the broadcast was produced “almost exclusively” from renewable energy sources.
Northern Data sold its Texas data centers to the Riot Blockchain in April for $ 651 million. In September, he bought the Bitfield crypto miner for roughly € 400 million ($ 450 million).
Powered by Block. One and Cryptology Asset Group, Christian Angermeyer, Northern Data has previously been accused of market manipulation by German financial regulator BaFin in connection with its 2019 acquisition of the Texas mining company Whinstone. Northern Data denied the charges.
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