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Bitcoin ‘Power to Data’ project unveiled at idle North Bay, ON Canada power plant

Bitcoin ‘Power to Data’ project unveiled at idle North Bay, ON Canada power plant



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  1. tldr; The North Bay Power Plant on Highway 11 North in Canada will be back in operation powering up a unique bitcoin mining data centre to be built on the site. Validus Power Corp, which purchased the plant mothballed in 2017, is working alongside Hut 8 to create and power up the new facility. The data centre will be a blend of by-product steam, hydrogen and natural gas along with a secondary geothermal

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. Hmm they probably should be connecting Quebec hydro, not a natural gas plant.

    The initial natural gas plant was obviously a misallocation of capital (it was shut down).

    But now maybe they can recoup some capital and start making better decisions.

What do you think?

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