Compute North was a leading Bitcoin mining hosting and colocation provider that designed, built, and operated large-scale data centers in the United States, specializing in low-cost, sustainable infrastructure for cryptocurrency mining and high-performance computing. Founded in 2017 and headquartered in Eden Prairie, Minnesota, the company managed facilities in Texas (Granbury, Upton County), Nebraska (Kearney), and South Dakota (North Sioux City), with a total capacity exceeding 280 MW at peak. Compute North pioneered TIER 0™ data centers, focusing on efficient colocation for clients like Marathon Digital, Compass Mining, and Bit Digital, while also self-mining. However, due to the 2022 crypto winter, rising energy costs, and liquidity issues, Compute North filed for Chapter 11 bankruptcy in September 2022, owing up to $500 million to creditors. Assets were sold (e.g., two sites to Foundry Digital in November 2022), and the company ceased independent operations. No current website or activity exists; it's defunct as of 2025.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

