Huo Xing Finance reports that on April 7, AVAX One Technology announced the advancement of its AI infrastructure strategy, planning to build a 10MW AI/HPC microgrid data center in Alberta, Canada, and has already signed off on the front-end engineering design (FEED). The project is positioned as one of the region’s first dedicated AI computing facilities. Leveraging low-cost energy (approximately $0.04/kWh) and a microgrid model, the project aims to deliver cost-effective, highly scalable AI computing power to meet growing demands in high-performance computing and artificial intelligence. Additionally, the company announced the purchase of 220 Bitcoin mining machines (Bitmain S21 Pro) to increase hashing power, serving as a transitional cash flow source prior to the AI data center’s full deployment, enabling a dual-track strategy of “mining + AI computing.”
AVAX One Technology to Build a 10MW AI/HPC Microgrid Data Center in Alberta
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Summary
On April 7, 2026, AVAX One Technology announced plans to construct a 10MW AI/HPC microgrid data center in Alberta, Canada. The project will leverage low-cost energy at approximately $0.04/kWh and a microgrid model to deliver scalable AI computing power. The company has signed a FEED agreement and acquired 220 Bitmain S21 Pro units to generate interim cash flow. AI and crypto news continues to emphasize advancements in energy-efficient infrastructure. Recent inflation data also reinforces the case for long-term data center investments.
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