NYDIG is set to acquire Crusoe's bitcoin mining operation along with its Digital Flare Mitigation business, pending regulatory approvals. The acquisition aims to bolster NYDIG’s commitment to energy-efficient bitcoin mining and environmental sustainability. About 135 employees from Crusoe will transition to NYDIG, with no job cuts projected. Crusoe has innovatively developed technology to convert wasted natural gas into electricity while minimizing greenhouse gas emissions. This strategic move aligns with NYDIG's goal of promoting sustainable energy usage in cryptocurrency mining.
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
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