Trending...
- New Article by Roy J. Meidinger – Examines Hidden Hidden Healthcare Kickbacks
- Hiclean Tools Releases HCX2100 Electric Pressure Washer
- ARCH Dental + Aesthetics Offers Free Consultations for New Patients
Backed by Sequoia, OpenAI Startup Fund, and Other Top Investors, SolMining Expands Its Global Green Infrastructure Footprint
AMSTERDAM, N.Y. - nvtip -- SolMining has successfully completed a new round of financing of $88 million, led by Sequoia Capital, with participation from Coatue, Kleiner Perkins, OpenAI Startup Fund, GV (formerly Google Ventures), Conviction, Elad Gil, and REV (the venture capital arm of RELX Group).
This round of financing will further accelerate SolMining's strategic global expansion, particularly with the construction of a new green data center in Ethiopia. This project will leverage the abundant hydropower and solar energy resources in Ethiopia to support SolMining's sustainable development goals in cloud mining and high-performance computing. Beyond its African expansion, SolMining plans to continue investing in innovative technology research and development, optimize its infrastructure, expand its service capabilities, and enhance operational efficiency and returns for its global clients.
More on nvtip.com
For more details, please visit the official website:https://solmining.com
About SolMining
SolMining is a leading global blockchain and high-performance computing technology company dedicated to providing full-stack computing services to global clients, encompassing hardware procurement, equipment delivery, data center construction, and operations. The company focuses on meeting the growing demand for mining and artificial intelligence computing, offering efficient, low-carbon cloud computing solutions to institutional users.
SolMining is headquartered in the UK and has data centers in Kazakhstan, Norway, Russia, and the United States. Furthermore, the company is planning a new green park in Ethiopia, further solidifying its leading position in the global sustainable cloud mining sector.
Media Contact
Email: info@solmining.com
Website: https://solmining.com
Address: W8a Knoll Business Centre, 325-327 Old Shoreham Road, Hove, United Kingdom, BN3 7GS
This round of financing will further accelerate SolMining's strategic global expansion, particularly with the construction of a new green data center in Ethiopia. This project will leverage the abundant hydropower and solar energy resources in Ethiopia to support SolMining's sustainable development goals in cloud mining and high-performance computing. Beyond its African expansion, SolMining plans to continue investing in innovative technology research and development, optimize its infrastructure, expand its service capabilities, and enhance operational efficiency and returns for its global clients.
More on nvtip.com
- Golden Paper Introduces TAD Hand Towel Technology, Ushering in a New Era of Premium Tissue Quality
- Turn Your Laptop Into Tablets: Textbook by Phinge Will be a Wireless, Integrated Multi-&-Triple Screen Laptop-&-Tablets-in-One for Use With Netverse
- ReedSmith® Creates Founder-Investor Connections at The Investor Dating Game™ by Tech Coast Venture Network During LA Tech Week
- OfficeSpaces.co Expands Its AI-Powered Website Builder Across North America
- Tobu Railway Group Will Host the Fourth Annual "Take-Akari" Bamboo Lantern Festival in East Tokyo, November 7, 2025 – January 31, 2026
For more details, please visit the official website:https://solmining.com
About SolMining
SolMining is a leading global blockchain and high-performance computing technology company dedicated to providing full-stack computing services to global clients, encompassing hardware procurement, equipment delivery, data center construction, and operations. The company focuses on meeting the growing demand for mining and artificial intelligence computing, offering efficient, low-carbon cloud computing solutions to institutional users.
SolMining is headquartered in the UK and has data centers in Kazakhstan, Norway, Russia, and the United States. Furthermore, the company is planning a new green park in Ethiopia, further solidifying its leading position in the global sustainable cloud mining sector.
Media Contact
Email: info@solmining.com
Website: https://solmining.com
Address: W8a Knoll Business Centre, 325-327 Old Shoreham Road, Hove, United Kingdom, BN3 7GS
Source: SOL INTERNATIONAL LIMITED
Filed Under: Business
0 Comments
Latest on nvtip.com
- i2 Group Acquisitions and Investments in Innovations Deliver 40% Increase in Year-on-Year Bookings
- Netverse Verified Platform and AI Will Safeguard the Future of Humanity, Says Phinge CEO
- New Book Release: The Tree That Could Not Change
- BayWa r.e. Solar Trade and WHES Announce Distribution Partnership for the European Market: Delivering Smarter Energy Storage
- Never Charge Your Smartwatch Again: Phinge's Smartwatches with Interchangeable/Chargeable Battery Bezels to be a Gateway to Netverse App-less Platform
- Fleet Mining Cloud Mining Platform — Latest Guide: Making Bitcoin Mining Safer and More Convenient
- Keebos Launches Crossbody Cases for Every iPhone 17 Model
- WOA Crypto redefines cloud Bitcoin mining, offering free access and instant profit opportunities
- Pepperdine University Malibu, California and Community Partners Recognized with 2025 ReadyCommunities Partnership National Service Award
- NBA Overachievers: OddsTrader Reveals Which Teams Will Exceed Expectations in 2025-26
- Crypto Betting Odds 2025: Bookmakers Review Analyzes Market Predictions and Year-End Price Lines
- The OpenSSL Corporation and the OpenSSL Foundation Celebrate the Success of the Inaugural OpenSSL Conference in Prague
- TKL Group's New Factory Commences Production, Pioneering A New Era In Global Heavy Duty Truck Parts
- Regulated Crypto Exchange TZNXG Addresses Core US Market Challenges with Compliance-First Infrastructure
- GitKraken Launches Insights to Help Engineering Leaders Quantify AI Impact and Improve Developer Experience
- ZapperBox NextGen TV Gateway Receiver Now Testing Support For Secure Whole-Home Content Distribution
- Life as a Dog: P-Wave Press Brings Readers a Heartwarming Memoir of Love, Laughter and Companionship
- NOYA Launches Premium, Design-Forward Training Gear That Belongs at the Center of Your Space
- Earbuds With Endless Listening!: Phinge Modular Stylish Earbuds with Interchangeable Battery Modules & Dual Charging Case Available Soon for Pre-Sale
- Research Defense Examines Violence, Illiteracy, Non-Active Fathers, and Low Self-Esteem Among Males
