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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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  • NFT
    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    NFT market cap hits $9.3B, fueled by Ether surge

    NFT market cap hits $9.3B, fueled by Ether surge

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    Moonbirds Cross 3 ETH on Token Speculation

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    Could Animoca Brands’ investment bring the Cool Cats back?

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    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

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    NFT sales slide despite record Ethereum prices

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    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

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    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

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    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

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    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

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  • Blockchain
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    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

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    What Is Copy Trading in Crypto? A Beginner’s Guide

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    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    NFT market cap hits $9.3B, fueled by Ether surge

    NFT market cap hits $9.3B, fueled by Ether surge

    Moonbirds Cross 3 ETH on Token Speculation

    Moonbirds Cross 3 ETH on Token Speculation

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    Could Animoca Brands’ investment bring the Cool Cats back?

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    NFT sales slide despite record Ethereum prices

    NFT sales slide despite record Ethereum prices

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

  • Gaming
    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    Early Web3 Gaming Pioneers Could Become Tomorrow’s Game Moguls

    Early Web3 Gaming Pioneers Could Become Tomorrow’s Game Moguls

    Doodles to Launch First Telegram Game ‘Kyle’s Journey’ on TON Blockchain

    Doodles to Launch First Telegram Game ‘Kyle’s Journey’ on TON Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

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    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

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    How It Works and What to Watch Out For

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Dogecoin Bull run

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Mining

NYDIG to Acquire Crusoe’s Bitcoin Mining Operations

March 25, 2025
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NYDIG to Acquire Crusoe’s Bitcoin Mining Operations
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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 consents, and final closing. When completed, approximately 135 Crusoe employees will join NYDIG and continue operating the business under its ownership. No job eliminations are expected as a result of the acquisition. The financial terms of the deal have not been disclosed.

READ ALSO

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“Our partnership with Crusoe was founded on a shared cultural alignment and mutual commitment to driving advancements at the intersection of power and compute,” NYDIG CEO Tejas Shah stated. “Crusoe has built an extraordinary bitcoin mining business by demonstrating remarkable innovation—bringing together the industry’s top talent to solve complex challenges and unlock untapped energy sources. We’re incredibly excited to integrate this world-class team and their capabilities into our growing business.”

Crusoe, founded in 2018, developed DFM technology to convert natural gas from oil fields, which would otherwise be burned off as flares, into electricity for modular data centers. The company initially used these data centers for bitcoin mining before expanding into artificial intelligence (AI) workloads powered by GPU clusters. Crusoe’s approach to colocating computing with energy production has contributed to reducing environmental impact while utilizing stranded energy sources.

Crusoe’s bitcoin mining operations have deployed over 425 modular data centers, accounting for more than 250 megawatts of power across multiple states, including Colorado, North Dakota, Montana, Wyoming, New Mexico, Utah, Texas, and internationally in Argentina. According to the company, its DFM technology has mitigated 2.7 million metric tons of greenhouse gas emissions and prevented nearly 22 billion cubic feet of natural gas from being flared.

See also  Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion

“The proof-of-work consensus mechanism in the bitcoin blockchain algorithmically incentivizes the convergence of energy and computing,” said Crusoe co-founder and CEO Chase Lochmiller. “Crusoe is proud to have been a pioneer in repurposing otherwise wasted energy resources such as gas flaring to power the bitcoin network. Our innovative approach to energy utilized for mining is uniquely complementary to NYDIG’s bitcoin custody, institutional trading, and mining businesses, creating a consolidated business that is more valuable than the sum of its parts. We will continue to channel the same energy-first mentality towards scaling AI infrastructure and accelerating the adoption and proliferation of AI in our everyday lives.”

Following the deal, Crusoe will shift its focus toward scaling AI infrastructure, building AI-optimized data centers, and expanding its Crusoe Cloud product offerings while continuing to develop energy solutions for its computing operations.

This post NYDIG to Acquire Crusoe’s Bitcoin Mining Operations first appeared on Bitcoin Magazine and is written by Nik.

Tags: AcquireBitcoinCrusoesMiningNYDIGOperations

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Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

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Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

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UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

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Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

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Internet Computer (ICP) Demonstrates The First Blockchain-based Smart Contract With Artificial Intelligence

Internet Computer (ICP) Demonstrates The First Blockchain-based Smart Contract With Artificial Intelligence

March 24, 2024
Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment

Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment

August 13, 2025
FERC blocks Amazon AI power deal, energy struggle with Bitcoin miners persists

FERC blocks Amazon AI power deal, energy struggle with Bitcoin miners persists

November 6, 2024
Crypto Analyst Identifies XRP Bear Flag To Trigger A Massive Crash To $0.07

Crypto Analyst Identifies XRP Bear Flag To Trigger A Massive Crash To $0.07

January 8, 2024

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