EdgeMode operates a cryptocurrency mining platform that rapidly deploys data centers across the U.S. to maximize hash rate and Bitcoin production, addressing the increasing demand for efficient cryptocurrency generation. Additionally, the company offers high-performance computing solutions tailored for various industries, enhancing computational capabilities for data-intensive applications.
Funding
$1.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for cryptocurrency mining and high-performance computing requires scalable and efficient data center infrastructure. Traditional data centers often lack the adaptability and energy efficiency needed to support these computationally intensive applications.
Solution
EdgeMode provides colocation services and builds green, Tier 3 AI data center infrastructure designed for high-performance computing and cryptocurrency mining. The company's modular EDGE solutions deliver a power usage effectiveness (PUE) of less than 1.02 and enable the capture and reuse of over 95% of deployed energy. EdgeMode's infrastructure is powered by low-cost energy, with a focus on utilizing renewable resources, and offers custom high-performance computing (HPC) solutions to organizations of all sizes. The company's strategic acquisition of Synthesis Analytics expands its presence in the AI and HPC data center market, adding a 95MW power contract and proprietary cooling technology.
Target Audience
EdgeMode serves organizations requiring high-performance computing resources, including those in AI, data mining, financial services, scientific discovery, and climate modeling, as well as cryptocurrency mining operations.
Features
- Tier 3 AI data center infrastructure
- Modular EDGE solutions for scalable deployments
- Power Usage Effectiveness (PUE) less than 1.02
- Over 95% energy capture and reuse
- Low-cost energy sourcing with a focus on renewables
- Custom high-performance computing (HPC) solutions
- Colocation services
- Proprietary cooling technology