Core Insights - AgriFORCE Growing Systems Ltd. has initiated its Power & Compute Initiative through a partnership with BlueFlare Energy Solutions, marking a significant step in deploying modular, efficient infrastructure for Bitcoin mining in Alberta, Canada [1][2] Deployment Overview - The project involves a total deployment of 1.3 megawatts of natural gas-powered Bitcoin mining infrastructure across five sites in Alberta, with a total of 315 Bitmain S21 Pro ASIC miners [2][3] - The deployment is structured in five phases, with specific power capacities and number of miners allocated to each phase [3] Technology Stack - The deployment will utilize BlueFlare's proprietary technology stack, which includes a real-time environmental telemetry system for ESG reporting and carbon credit tracking [4] Strategic Execution - AgriFORCE has committed to a fixed power and hosting cost of $0.065 per kWh for the first two months of operations at the Berwyn Phase 1 site [5] - The full infrastructure deployment is expected to be completed within 90 days, with AgriFORCE securing a 90-day exclusivity window for future opportunities [6] Leadership Commentary - The CEO of AgriFORCE emphasized the project's alignment with their decentralized compute vision and the importance of sustainable infrastructure [7][8] Next Steps - The parties plan to finalize definitive agreements regarding hosting, power, and site lease arrangements by June 30, 2025, with initial work commencing shortly thereafter [8]
AgriFORCE (NASDAQ: AGRI) and BlueFlare Energy™ Execute Binding Letter of Intent for 1.3MW Alberta Bitcoin Mining Deployment and AGRI Reaffirms Commitment to Augment its Bitcoin Treasury Through Bitcoin Mined From These New Locations