AVAX One Technology announces strategic plans to develop a 10 MW artificial intelligence/high-performance computing microgrid data center in Alberta.

MarsBitNews · 2026-04-07T13:45:18+00:00

AVAX One Technology announces the construction of a 10MW AI/HPC microgrid data center in Alberta, Canada, utilizing low-cost energy to meet AI demands, and has purchased Bitcoin mining machines to enhance computing power, promoting a "mining + AI computing power" strategy.

MarsBitNews

2026-04-07 13:45:18

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Mars Finance news: On April 7, AVAX One Technology announced that it will advance its AI infrastructure strategy. The company plans to build a 10MW AI/HPC microgrid data center in Alberta, Canada, and has already signed a front-end engineering design (FEED) plan. The project is positioned as one of the first dedicated AI compute infrastructure initiatives in the local area. This project leverages the advantage of low-cost energy (about $0.04/kWh), combining the microgrid model to focus on low-cost, highly scalable AI computing supply, in order to meet the growing demand for high-performance computing and artificial intelligence. In addition, the company announced the purchase of 220 Bitcoin mining machines (Bitmain S21 Pro) to increase its computing capacity. As a transitional source of cash flow before the AI data center is put into operation, it will enable a dual-track layout of “mining + AI computing.”

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