AVAX One to Develop 10MW AI/HPC Micro-Grid and Adds 220 ASIC Miners
AVAX One signed a FEED proposal to design a 10MW AI/HPC micro-grid data center at Alberta’s 4-31 Battery site using $0.04/kWh natural gas power. The company also acquired 220 Bitmain S21 Pro ASICs, boosting Alberta hash rate by 33% for under $500,000 to monetize excess power ahead of construction.
1. FEED Proposal for 10MW AI/HPC Data Center
AVAX One signed a Front End Engineering & Design proposal with an Alberta firm to establish technical, regulatory and cost frameworks for a 10MW AI/HPC micro-grid data center at the 4-31 Battery site, leveraging behind-the-meter natural gas-to-power generation, 138kV transmission, redundant fiber connectivity and highway access without any upfront capital commitment.
2. Acquisition of 220 ASIC Miners
The company acquired 220 Bitmain Antminer S21 Pro units for under $500,000, raising Alberta hash rate by roughly 33% to over 200 PH/s and enabling rapid deployment and immediate mining revenue to monetize available power capacity during data center development.
3. Dual-Track Infrastructure Strategy
AVAX One’s strategy combines near-term Bitcoin mining cash flow with modular, power-first data center development, addressing grid constraints via on-site natural gas power and positioning the company for scalable AI/HPC expansion alongside its Avalanche treasury and blockchain ecosystem initiatives.