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AgriFORCE Advances Power & Compute Strategy with Commissioning of Oyen Site for Load Testing
Globenewswire· 2025-07-02 13:35
VANCOUVER, British Columbia and OYEN, Alberta, July 02, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) (“AgriFORCE” or the “Company”), a technology and infrastructure firm operating at the intersection of clean energy and digital compute, today announced the successful installation and commissioning of miners at its future Oyen, Alberta site. This development marks a significant step in the Company's Power & Compute Initiative, following the launch of its first decentralized site in ...
AgriFORCE (NASDAQ: AGRI) Ignites Energy-Led Digital Infrastructure Strategy with Launch of First Commissioned Site in Berwyn, Alberta and Execution of Strategic LOI for Alberta Expansion
Globenewswire· 2025-06-17 12:30
Core Insights - AgriFORCE Growing Systems Ltd. has announced significant advancements in its Power & Compute strategy, focusing on Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization [1][5] Group 1: Operational Milestones - The Berwyn site is the first operational deployment under the Power & Compute Initiative, currently running with a capacity of over 425 kW, with plans to expand to over 625 kW [2][6] - A binding Letter of Intent (LOI) has been signed with BlueFlare Energy™ to develop an additional 1.3 MW of power and compute capacity at two new sites in Alberta [4][6] Group 2: Strategic Vision - The company aims to convert stranded gas into ESG-compliant digital compute rapidly, with a target of reaching 1 EH/s compute capacity by Q1 2026 [3][5][12] - The operational model includes a blended approach where up to 50% of capital raises are allocated to direct Bitcoin purchases, and up to 50% of mined Bitcoin is retained in the corporate treasury [9] Group 3: Infrastructure and Technology - The infrastructure includes high-efficiency mining pods and a proprietary operating system for telemetry and predictive maintenance, ensuring ESG compliance [7][10] - The company has exclusive access to over 50 MW of natural gas, with plans to expand to over 100 MW by 2026, utilizing mobile, off-grid systems to bypass utility delays [12]