Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for BTC Mining

Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a "vertically integrated" BTC mining operation.

“We are really excited about planting roots in Alberta, our first site in Canada. This acquisition is the culmination of extensive collaboration with multiple government agencies and the Canadian Blockchain Consortium," Haris Basit, chief strategy officer at Bitdeer, said in a press release. "It marks a significant step in our strategy to become the first fully-vertically integrated Bitcoin miner, giving us unmatched control over costs, energy efficiency, and scalability."#bitcoin