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NFN8 Group Enhances Expansion with Upgrades to Bitcoin Mining Operations

  Originally published on BusinessWire . NFN8 Group plans to expand its Bitcoin mining operations with a major upgrade at its Texas facility and a capacity increase in Iowa. NFN8 aims to enhance operational efficiency while maintaining security and reliability in the rapidly evolving cryptocurrency industry. February 13, 2025 07:13 AM Eastern Standard Time AUSTIN, Texas--( BUSINESS WIRE )-- NFN8 Group , a prominent player in the Bitcoin mining industry, is excited to announce significant expansion plans. These plans reinforce its commitment to operational excellence, energy efficiency, and customer-centric services. With a robust foundation in Texas and Iowa, NFN8 is poised to scale its operations while maintaining high-security standards and cost-efficient strategies. NFN8 Group’s new leased Texas mining facility spans 450,000 square feet on a 22-acre property. With 70,000 square feet dedicated to Bitcoin mining, the facility boasts cutting-edge security features, including barbed...
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NFN8 Group Unveils Advanced Bitcoin Mining Facility in Texas

 Originally publised on einpresswire.com . NFN8 Group launches a cutting-edge Bitcoin mining facility in Texas, showcasing its commitment to innovation, security, and efficiency. AUSTIN, TX, UNITED STATES, January 30, 2025 / EINPresswire.com / --  NFN8 Group, a leader in the Bitcoin mining industry , is proud to announce the launch of its state-of-the-art Bitcoin mining facility in Texas. This cutting-edge leased data center reflects the company’s mission to deliver secure, efficient, and scalable Bitcoin mining solutions. Spanning an impressive 450,000 square feet, the facility incorporates innovative cooling and airflow systems specifically designed to meet the demanding requirements of Bitcoin mining. This new data center has roughly 70,000 square feet of dedicated space for mining operations and repairs with an initial electrical infrastructure and capacity of 10 Megawatts, which is expected to be reached by February 2025. A key highlight of the facility is its advanced co...
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Location: Austin, TX, USA
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NFN8 Group Achieved Debt-Free Milestone in 2024

 Originally published on Yahoo Finance . AUSTIN, TX /  ACCESS Newswire  / January 17, 2025 /  2024 marked a transformative year for NFN8 Group. In a remarkable achievement, NFN8 Group successfully fulfilled over $11 million in financial obligations to its equipment lender, NYDIG, further solidifying its robust financial standing and long-term growth strategy. This milestone stems from strategic futures contracts signed in 2021 and 2022 with one of the world's leading Bitcoin "supercomputer" manufacturers, totaling over $25 million. These agreements empowered NFN8 Group to enhance its mining capabilities with state-of-the-art equipment. As the Bitcoin miners became operational and generated consistent cash flow, the company steadily reduced its loan obligations, culminating in full repayment in 2024. "With the exception of our core clients who participate in our sale/leaseback program, we are starting 2025 completely debt-free. This is a breath of fresh air and a maj...
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Location: Austin, TX, USA
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NFN8 Group

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NFN8 Group is a prominent player in digital asset mining and trading. Humbly founded in 2017 in Pflugerville, Texas, the company was self-funded by its three founders. NFN8 has remained independent, enabling it to develop a unique business model focused on long-term growth and adaptability. NFN8 Group specializes in Bitcoin mining. The company uses proprietary software and houses its own industrial-level equipment in its cutting-edge, company-owned U.S. data centers. A distinctive feature of NFN8's approach is its unique sale/buyback program, which provides its accredited clients with a fixed monthly cash flow. The organization does not simply accumulate and hold Bitcoin; instead, it creates and trades digital assets for cash, which is reinvested in next-generation supercomputers. They utilize short-term spikes to their advantage, allowing NFN8 to grow during periods of market volatility. Elsewhere on the net: NFN8 Group Linkedin Crunchbase Pitchbook NFN8 GROUP Welcomes the F...
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NFN8 Group on the History and Future of Bitcoin and Mining

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Originally published in Financial Tech Times. Digital assets, and Bitcoin, in particular, are currently on the verge of making history. The bitcoin price is surging. While its value dropped in August, it has since more than doubled. Bitcoin has now passed its recent all-time high with a current market price of  over 100,000 USD . Did those who don’t own Bitcoin miss out? If you asked Cory Rodriguez, COO of  NFN8 Group , his answer would be, “Bitcoin’s greatest asset isn’t necessarily just in its holding and selling — it’s in the process of mining.” Introduction to Bitcoin and Mining To understand just how extraordinary Bitcoin’s rise has been and why its greatest asset is the process of mining, the best place to start is a brief introduction to Bitcoin’s history and how its price has evolved. Bitcoin is the world’s premier form of digital currency. Designed to function as an alternative to fiat money, Bitcoin was first introduced in 2009 by a developer (or a group of developer...
Location: Austin, TX, USA
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NFN8 Group Discusses Its Unique Digital Asset Mining Equipment Purchase & Buyback Program

  Originally published on GlobeNewswire. NFN8 Group has an Equipment Purchase & Buyback Program, a concept that allows investors to get involved with Bitcoin while providing monthly cash flow. AUSTIN, Texas, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The digital asset creation company  NFN8 Group  offers a unique Equipment Purchase & Buyback Program. This innovative concept, helmed by CEO Josh Moore and COO Cory Rodriguez, prioritizes getting clients involved with the company’s mission while offering them a fixed monthly cash flow. At its core,  NFN8 Group  is a multifaceted corporation that mines Bitcoin. The company uses specialized supercomputers housed in company-owned data centers to do so. It started from humble beginnings and has since evolved into a multimillion-dollar organization that offers individual clients, large corporations, family trusts, and a variety of other entities an opportunity to join the booming Bitcoin mining industry. It is important t...
Location: Austin, TX, USA
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NFN8 Group Explains Digital Asset Mining and Why It’s Important

 Originally published on Finance Digest on 11/25/2024. Modes of exchanging money have constantly evolved throughout history. From the gold standard to fiat money to exchanging digital assets, humans continue to create inventive methods for bartering, buying, and investing. And according to the multimillion-dollar, digital-asset creation corporation  NFN8 Group , Bitcoin mining isn’t just some fad—it’s the way of both the present and the future. Bitcoin By this point, most of you have likely heard of Bitcoin. But for those not already acquainted, Bitcoin is a virtual form of currency designed essentially to function as money. It was introduced to the public back in 2009 by a still-anonymous developer (or a group of developers, some speculate) called Satoshi Nakamoto. Today, Bitcoin is the largest virtual currency in the world. (As of early November 2024, one Bitcoin is equivalent to roughly  88,000  USD.) Mining, the Blockchain, and the Rubik’s Cube Analogy But what ...
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Location: Austin, TX, USA
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