Crypto news from the Coin Circle: Keel Infrastructure, a Nasdaq-listed Bitcoin mining company, announced progress on its data center project in Sherbrooke, Quebec, Canada. The company has received approval from the local government, signed an agreement with Hydro-Sherbrooke, transferred and will operate the existing 96 MW of power capacity, and signed related land purchase agreements. Keel said it will consolidate the power resources of its three Bitcoin mining farms into a single 96 MW campus, and has been approved to reclassify this power use from Bitcoin mining to high-performance computing (HPC) and AI data center purposes. The project will still need approval from Quebec’s Ministry of Economy, Innovation and Energy.

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SupportNightwatch
· 11h ago
Three mining sites merge into one park—won’t management costs drop quite a bit? We’ll wait for the final approvals.
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Patchworker
· 11h ago
Keel this move is brilliant—turning mining rigs into a compute-power hub, with a completely different valuation logic.
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FloorArtist
· 11h ago
96MW shifted from mining to HPC—how long can Quebec’s policy windfall last?
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