AVAX One Technology (AVX) announced it has completed the acquisition of 220 Bitmain Antminer S21 Pro ASIC mining machines. “We are launching a strategy that we believe directly aligns with one of the most significant infrastructure type opportunities of the coming decade,” said Jolie Kahn, CEO of AVAX One. This initiative is expected to increase total hash rate capacity in Alberta by approximately 33%, from roughly 150 petahash to more than 200 petahash, and is designed to be rapidly deployable and immediately revenue-generating with a modest capital investment of less than $500,000.
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