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HomeMiningBitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for BTC...

Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for BTC Mining

Bitcoin (BTC) mining firm Bitdeer introduced at this time that it had acquired a 101-MW gas-fired energy plant close to Fox Creek, Alberta, to construct a “vertically built-in” BTC mining operation.

“We’re actually enthusiastic about planting roots in Alberta, our first web site in Canada. This acquisition is the fruits of intensive collaboration with a number of authorities businesses and the Canadian Blockchain Consortium,” Haris Basit, chief technique officer at Bitdeer, mentioned in a press launch. “It marks a big step in our technique to develop into the primary fully-vertically built-in Bitcoin miner, giving us unmatched management over prices, vitality effectivity, and scalability.”

Bitdeer says they plan to construct out a 99 MW datacenter on the location. The positioning has the capability to scale to 1 GW. Vitality manufacturing prices for the power can be between $20 to $25 per MW/h.

The plant can be licensed for a 99 MW interconnect to the native energy grid, and Bitdeer mentioned it plans to promote energy again to the Alberta grid to stabilize costs in periods of excessive demand.

“By combining our personal energy technology, SEALMINER mining machines and opportunistic grid participation, we consider this web site will set a brand new benchmark for trade unit economics,” Basit added.

Bitdeer says it plans to start web site preparation and preliminary infrastructure growth in Q2 2025 and have it absolutely operational in This fall 2026.

See also  Bitcoin Miners' Revenue Hit $71 Billion in Epic Milestone: Details
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