A new data center in Sarnia, on the shores of Lake Guron, will join Bitfury’s existing Canadian sites, which operate in Alberta, Drumheller and Medicine Hat. By the end of May 2022, the fourth mining center should reach design capacity. It plans to potentially increase its capacity to 200 MW.
The company notes that the complex in Sarnia will be equipped with Bitfury’s own software and hardware solutions for high-performance mining.
“We are committed to providing customers with a turnkey digital asset infrastructure and mining solution by developing competitive products that take advantage of optimal power consumption, ultra-high performance hardware and data center management expertise,” states Bitfury’s head of data center development and operations Oleg Blinkov.
Canada, as well as Russia, the U.S. and Kazakhstan, have been among the main destinations for Chinese miners to migrate after the crackdown on the crypto industry in the PRC began.
“The demand for access to digital assets is exceptionally high, and the combination of best-in-class infrastructure and expertise makes it a preferred partner for customers and investors around the world,” said Bitfury CEO Brian Brooks.
Unreliable power supply and political risks forced one of the leading publicly traded bitcoin mining companies, BIT Mining, to stop building a data center in Kazakhstan.