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Eden Prairie-based crypto company files for bankruptcy

The company operates crypto-mining centers. ....

South Dakota , United States , Dave Perrill , Harold Coulby , Eden Prairie Based Compute North , Texas Thursday , Eden Prairie , Compute North , Compute North Chief Financial Officer , Mn Business ,

Crypto boom a boon for electricity providers, but questionable for climate

Crypto mining centers, which consume huge amounts of electricity, are popping up in Minnesota and North Dakota. Critics say they enhance fossil fuel power production. ....

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Compute North raises $385 million for data center buildouts

Company is developing large scale infrastructure for cryptocurrency miners. ....

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Minnesota firms raised $287M in venture capital so far this year

Minnesota firms raised $287M in venture capital so far this year
Nick Williams, Star Tribune
Minnesota tech companies are poised to break another record for venture capital investments this year if the pace of first quarter deals continues.
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As the state and local economy continues to recover from the negative economic impact of the COVID-19 pandemic, Twin Cities firms raised $282.8 million through 44 deals.
The deal count is the highest for any quarter in the past seven years, while the dollar figure is the largest amount for the first three months of any year in that time span, according to PitchBook, a Seattle-based private capital market data provider. ....

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