We are pleased to announce a 2 Megawatt expansion beginning this fall and running through to summer 2019. Our current facilities have reached their power capacity slightly ahead of expectations.
While this is good news from an operations point of view, we are currently unable to accept new clients or take on additional services and equipment from our existing clients. We expect to be able to accommodate more clients starting in September of this year.
Dan Lajeunesse, our Chief Operating Officer (COO), had this to say “It’s a challenging time in this industry to meet the scaling required to keep pace with blockchain needs while remaining highly competitive in the electricity pricing. We have been pro-active in addressing these needs and look forward to accepting new clients once again this fall.“.
Our new expansion builds upon our existing success and takes advantage of relationships in the oil and gas industry in northern Alberta as well as its naturally dry and cool climate to bring affordable high quality hosting services to all our clients.