Crusoe shifts focus to AI infrastructure as NYDIG expands its bitcoin mining business. NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation ...

Crusoe Energy is selling its Bitcoin mining business to NYDIG to focus fully on expanding its AI infrastructure operations while maintaining an equity stake in the combined entity.

Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on ...

Crusoe initially leveraged these DFM-powered mobile data centers for bitcoin mining to monetize the stranded gas, before expanding to running AI workloads on graphical processing unit (GPU) clusters.

NYDIG has announced it entered into a definitive agreement to acquire Crusoe’s Bitcoin mining operations, a move that will add over 270 megawatts of power ...

As the company focuses on AI and races to complete what it says could be one of most powerful clusters of graphics processing units, or GPUs, in the world, Crusoe is getting out of bitcoin mining.

NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to regulatory approvals, customary ...

The share of coal energy use in Bitcoin mining has dropped from 63% in 2011 to 20% in 2024, according to a new report by MiCA ...