Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a "vertically integrated" BTC mining operation. “We are really excited about planting roots in Alberta, our first site in Canada. This acquisition is the culmination of extensive collaboration with multiple government agencies and the Canadian Blockchain Consortium," Haris Basit, chief strategy officer at Bitdeer, said in a press release. Bitdeer says they plan to build out a 99 MW datacenter on the site. The site has the capacity to scale to 1 GW. Energy production costs for the facility will be between $20 to $25 per MW/h.
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