The company has currently raised $100 million and is planning an IPO in Canada within the next 60 days.
The miner distilled the plans on Thursday in a joint press release with the governor of North Dakota’s office and notable investors such as Kevin O’Leary.
[...] also announced plans to partner with MHA Nation’s greenhouse project which will allow heat from Bitzero operations to be used for food production throughout the year.
The CEO stated it will likely be located in Bismarck or Fargo and will employ 15-20 people for operations. The bitcoin mining company has plans to build out 200 megawatts (MW) of power in data centers over the next two years.
The CEO stated it will likely be located in Bismarck or Fargo and will employ 15-20 people for operations. The bitcoin mining company has plans to build out 200 megawatts (MW) of power in data centers over the next two years.
“This announcement comes in advance of a Montana project announcement scheduled for tomorrow.”
Since this was on Wednesday, on Thursday the details about that had been announced:
The 100% green bitcoin mining company Bitzero will build a 50-megawatt data center in Polson using hydroelectric power from the Seli's Ksanka Qlispe' Dam, formerly known as the Kerr Dam.
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There was another article in which the Montana project is covered, and there is a separate post, here on SN, for that:
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CoinDesk also had an article on this:
Television personality and green mining advocate O’Leary is a strategic investor in Bitzero, along with Dubai-based Phoenix Group, a bitcoin mining rig supplier and venture capital firm.
Kevin O’Leary-Backed Bitcoin Miner to Locate HQ in North Dakota https://www.coindesk.com/business/2022/06/02/kevin-oleary-backed-bitcoin-miner-to-locate-hq-in-north-dakota https://archive.ph/6CG6l <-- An archive of the article, which can be easier to read
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