GRIID Infrastructure Inc. was a U.S.-based vertically integrated Bitcoin mining company founded in 2018, focused on building, owning, and operating low-carbon powered data centers across states like Tennessee, New York, Ohio, and Texas. The company emphasized self-mining with efficient operations, long-term power contracts (e.g., TVA for expansions), and a pipeline exceeding 400 MW, primarily in Tennessee. GRIID went public via SPAC in late 2023. In June 2024, CleanSpark announced an all-stock acquisition of GRIID (enterprise value $155 million); the merger closed on October 30, 2024, after shareholder approval on October 28, 2024. GRIID became a wholly-owned subsidiary of CleanSpark (NASDAQ: CLSK), with its stock delisted shortly after. Assets, facilities, and operations (including Tennessee pipeline) are now integrated into CleanSpark's portfolio. As of December 22, 2025, GRIID is defunct as an independent entity.
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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.

