Bitdeer Initiates $155 Million Energy and Computing Hub in Alberta
- Bitdeer has commenced construction on a $155 million project near Fox Creek, Alberta, integrating a natural gas-fired power plant with a data center.
- The facility will offer approximately 100 MW of computing capacity and is expected to be operational by the second quarter of 2027.
- Initially supporting bitcoin mining, the site is designed to accommodate future high-performance computing workloads, including AI applications.
- The project will create around 300 construction jobs and provide about 30 permanent positions once completed.
- A closed-loop dry-cooling system will be used to avoid water withdrawal from nearby sources, and carbon capture technology will be implemented to reduce emissions.
Bitdeer’s new site in Alberta aims to balance energy supply with computing demand by using an on-site gas plant for power generation, reducing grid strain during peak times while supporting bitcoin mining operations initially.
This development represents Bitdeer’s strategic expansion into North America’s energy infrastructure market, as the company transitions from its primary focus on bitcoin mining equipment manufacturing (Source).
