Bitzero has gained $ 25 million in funding to expand business operations, as the Bitcoin Miner and Data Center Operator continues its strategic move to high-Margin, high-performance computing (HPC) while emphasizing environmental maintenance.
The funds will be used to obtain 2,900 Bitmain S21 Pro Miners, with a scheduled deployment in the next four to six months. This expansion is expected to generate an additional $ 10 million income.
Based on Vancouver, Canada, Bitzero runs data centers throughout North America and Europe. The company counts the investor and personality of Shark Tank Kevin O’Leary Among its supporters.
Bitzero started chasing after zero-carbon mining initiatives as early as 2022Launching its efforts in Norway through a collaboration with a local government. Since then, the company has continued to expand its footprint in the HPC space.
Bitzero did not unite this move. Earlier this week, Bitfarms announced plans to Enter HPC and Data Center marketsThe use of the Pennsylvania energy portfolio as a strategic property. As part of the transition, the company has rebranded itself to show a broader focus on the AI and HPC with its main bitcoin (itsBtc) mining operation.
Hive Digital Technologies belong to Early Shift Adopters Towards HPC and AI data centers, its Pivot started in 2022. The company began reporting HPC revenue related to the announcement of next year’s revenue.
Hive’s HPC segment Currently operating at an annual running rate of $ 20 million, with projections aimed at $ 100 million by 2026.
Related: VC Roundup: Defi, AI, Hybrid Exchange Showcase Resilient Month for Crypto
Bitcoin miners respond to market pressure
The profitability of Bitcoin mining undergoes increasing pressure on each subsequent division. While break-even points vary by operation, the Fidelity Digital Assets Notes That the success of a miner often depends on the ability to endure underwater periods while waiting to recover the price of Bitcoin.
A combination of shrinkage of block rewards, increasing electricity costs and growing maintenance requests has pushed some miners to vary from other intensive energy workloads.
Rapid growth in AI demand provided an ideal opportunity, enabling these companies Repurpose oi -Upgrade their infrastructure -Especially GPUs-to support AI training and high performance computation.
In addition to diverting new workloads, many miners have Adopted a “Hodl” approach – Holding their mined Bitcoin as a reliance on future price appreciation.
That procedure was paid in 2024 and 2025, as Bitcoin repeatedly damaged all the time high, which was over $ 123,000.
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