Bitzero has successfully raised 25 million USD to expand its operations into high-performance computing (HPC) data centers. This funding will aid in acquiring 2,900 Bitmain S21 Pro miners in the upcoming months.
The expansion is expected to bolster Bitzero’s revenue by an additional 10 million USD, demonstrating the company’s commitment to thriving in the evolving landscape of Bitcoin mining and data center operations.
Like Bitzero, other companies such as Bitfarms and Hive Digital Technologies are transitioning towards HPC, reflecting a broader industry pivot in response to profitability pressures from declining rewards and rising costs in Bitcoin mining.
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