- Business
- Digihost Technology Inc. is a blockchain-focused energy infrastructure company specializing in Bitcoin mining, data center operations, and colocation services. The company manufactures and deploys high-performance mining hardware including ASIC miners to validate blockchain transactions and earn Bitcoin rewards. It also provides secure data center hosting services, including colocation, dedicated server hosting, and cloud infrastructure solutions tailored for cryptocurrency miners and other technology enterprises. Digihost operates primarily in the United States, with key facilities including a 60 MW power plant in New York and mining operations in Alabama, leveraging sustainable energy sources with over 90% of used energy being zero-carbon or renewable. Founded in 2017, the company is headquartered in Miami, Florida.
Recent major changes include a rebranding to Digi Power X Inc. in March 2025 following a strategic shift toward expanding sustainable energy assets and developing state-of-the-art Tier 3 data centers. The company completed a $6.6 million private placement in early 2025 to fund growth initiatives and announced a collaboration with NANO Nuclear Energy to deploy microreactor technology at its New York power plant. Digihost has significantly grown its operational capacity to 90 MW and 2.75 EH/s hash rate with plans to further increase to 3.2 EH/s by end of 2025. It reported a 104% year-over-year revenue increase in 2024, driven by diversification into colocation services, energy sales, and enhanced mining output. The company’s focus on sustainable power sources and operational efficiency positions it for continued expansion in both Bitcoin mining and energy infrastructure sectors.