AVAX One is building a 10MW microgrid data center in Canada, transitioning with the purchase of 220 BTC miners.

SmartContractAuditor · 2026-04-07T18:56:56+00:00

AVAX One Technology announces the advancement of its AI infrastructure strategy, establishing a 10MW AI/HPC data center in Alberta, Canada, and acquiring 220 Bitmain mining machines to boost computing power to over 200 PH/s, achieving a dual-track layout of "mining + AI computing power."

SmartContractAuditor

2026-04-07 18:56:56

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Odaily Planet Daily News: Nasdaq-listed company AVAX One Technology (AVX) announced it is advancing an AI infrastructure strategy. The company has signed an FEED proposal for a 10MW AI/HPC microgrid data center, located in Alberta, Canada. Leveraging local low-cost natural gas and power, it will build high value-for-money and scalable dedicated AI computing infrastructure. The project is led by BlueFlare and will be one of the area’s first AI computing centers.

At the same time, the company spent less than $500k to purchase 220 Bitmain S21 Pro mining rigs, boosting the Alberta computing power from 150 PH/s to over 200 PH/s. This move serves as a transitional cash-flow source during the construction period of the AI centers, enabling a dual-track layout of “mining + AI computing,” and quickly monetizing the existing power capacity. (Businessinsider)

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