Bitcoin Mining Expansion Bitdeer Acquires Alberta Plant

Bitdeer Acquires 101-MW Power Plant for BTC Mining in Alberta

• Bitdeer acquired a 101-MW gas-fired power plant near Fox Creek, Alberta.
• The site will host a 99 MW datacenter, with potential scaling to 1 GW.
• Energy production costs are estimated at $20 to $25 per MW/h.
• The plant has a license for a 99 MW interconnect to the local power grid.
• Site preparation and initial infrastructure development begin in Q2 2025.

Bitdeer’s acquisition of the Alberta power plant marks its first Canadian site, aiming for full operation by Q4 2026 with plans to sell excess power back to the grid.