Web Analytics
crypto.news
2025-06-18 09:41:57

Canada-based AgriFORCE launches Bitcoin mining site powered by stranded gas

AgriFORCE Growing Systems Ltd., a Canadian agricultural company, has launched a Bitcoin mining operation in Alberta, powered by stranded natural gas. In its June 17 announcement , AgriFORCE said the site was launched in partnership with energy provider BlueFlare Energy. The site, located in Berwyn, Alberta, is the company’s first operational deployment under its Power & Compute Initiative. It uses 425 kilowatts (kW) of power to support 120 Bitmain S21 ASIC miners, delivering over 32 petahashes per second (PH/s) of computing power. The deployment includes a custom-engineered mining pod with high-efficiency airflow, thermal controls, and BlueFlare’s proprietary telemetry system for performance monitoring. AgriFORCE said the Berwyn facility is powered entirely by stranded natural gas, which is natural gas that cannot be sold or accessed through traditional infrastructure. The site also features BlueFlare’s emissions tracking system, Carbon Cube, to ensure environmental compliance and real-time monitoring. Phase 2 of the project is currently underway and is expected to increase the capacity of the site by an additional 200 kW, bringing the total to over 625 kW. To date, AgriFORCE has mined seven Bitcoin across its Alberta and Ohio operations, valued at roughly $735,000. The company stated it may retain up to 50% of the mined BTC in its corporate treasury, while the remainder will be used to fund infrastructure expansion. You might also like: Tether to start open-sourcing its Bitcoin mining OS It also plans to allocate up to half of its capital raised toward direct Bitcoin purchases as part of its treasury strategy. In addition to the Berwyn site, AgriFORCE signed a binding letter of intent with BlueFlare to deploy two more sites in Alberta, located in Oyen and Hinton. Each of these will replicate the Berwyn model and include modular, off-grid gas-to-power units rated at approximately 640 kW. The new sites will support workloads beyond Bitcoin mining, including AI inference, industrial IoT processing, and edge computing. AgriFORCE aims to scale its operational capacity to over 0.5 exahashes per second (EH/s) by the fourth quarter of 2025, with a long-term target of reaching 1 EH/s by Q1 2026. As Bitcoin mining becomes more energy-intensive, operators are increasingly seeking alternative power sources to reduce costs and improve sustainability. Recent trends point to a move away from coal-based energy sources, with renewable energy adoption among miners growing at an annual rate of 5.8%. Around the world, new initiatives are emerging to support more sustainable mining practices . For instance, earlier this year, United States Senator Ted Cruz introduced the FLARE Act, a bill that offers tax incentives for crypto miners using flared natural gas to power operations. The legislation proposes 100% expensing for systems that repurpose otherwise wasted gas into electricity or computational power. Meanwhile, Pakistan recently announced plans to allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centres as part of a broader national strategy to prevent energy wastage and attract tech investment. Read more: Bitcoin mining platform Antalpha plans to allocate $40m into Tether Gold by June 2026

Hankige Crypto uudiskiri
Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine