# Crypto-Mining Data Center Compute North Files for Bankruptcy, CEO Steps Down

<https://www.coindesk.com/business/2022/09/22/crypto-mining-data-center-provider-compute-north-files-for-bankruptcy-protection/>

- Host: [coindesk.com](https://links.thingelstad.xyz/hosts/coindesk.com/)
- Saved: September 22, 2022 (2022-09-23T04:07:10Z)
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- JSON: https://links.thingelstad.xyz/links/b7fe4e27e439.json

## What Jamie wrote

Computer North is a Minneapolis company. Curious to know more about the details here. Compute North also had a lot of debt, with $300M borrowed in February. For mining in crypto in general I think the future is dim as more blockchains follow Ethereum's move to proof-of-stake. To be clear though, I tend to believe Bitcoin should stay proof-of-work.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT227: Weekly Thing #227 / Attention, Minnedemo, Learning](https://weekly.thingelstad.com/archive/227/), Briefly

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.coindesk.com/business/2022/09/22/crypto-mining-data-center-provider-compute-north-files-for-bankruptcy-protection/