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AVAX One Technology announces a strategic plan to develop a 10-megawatt Artificial Intelligence/High-Performance Computing Microgrid in Alberta province
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2026-04-07 13:14

BlockBeats News, April 7th, AVAX One Technology announced the advancement of its AI infrastructure strategy, planning to build a 10MW AI/HPC microgrid data center in Alberta, Canada. The company has signed a Front-End Engineering Design (FEED) scheme, positioning the project as one of the first dedicated AI computing facilities in the region. Leveraging the advantage of low-cost energy (around $0.04/kWh) and adopting a microgrid model, the project focuses on providing low-cost, highly scalable AI computing power to meet the growing demands for high-performance computing and artificial intelligence.

Furthermore, the company announced the purchase of 220 Bitcoin mining machines (Bitmain S21 Pro) to increase its computing power capacity. This move serves as a transitional cash flow source before the AI data center is operational, achieving a dual-track layout of "mining + AI computing."

Source: BlockBeats

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