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ChainCatcher news, according to The Miner Mag, Canaan has launched a 2.5 megawatt Bitcoin mining pilot project in Calgary, Alberta, Canada, utilizing stranded natural gas for power generation.The project is in collaboration with local company Aurora AZ Energy Ltd and will deploy 700 Avalon A15 Pro mining machines worth over 2 million dollars, directly mining at the gas wellhead.

ChainCatcher news, according to Jinshi reports, Pakistan has allocated 2,000 megawatts of installed power capacity in the first phase of a nationwide plan to support Bitcoin mining and artificial intelligence data centers. The country is currently promoting the legalization of cryptocurrency and attracting foreign investment.The Pakistani Ministry of Finance stated in a statement that this plan, led by the Pakistan Cryptocurrency Committee, will also help monetize surplus energy and create high-tech jobs.The Ministry of Finance mentioned that coal-fired power projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.

ChainCatcher news, Bitget Onchain trading launches Solana ecosystem MEME tokens AGAWA, Steve, and jockey.Bitget Onchain trading aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly trade popular on-chain assets using the spot account (USDT/USDC) in the Bitget App. Currently, it supports popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.

ChainCatcher news, according to GlobalNewswire, the publicly listed crypto mining company DMG Blockchain announced that it has signed a memorandum of understanding (MOU) with an undisclosed counterparty to acquire a 10-megawatt data center to support its deployment of the Gen AI strategy. The final agreement is expected to be completed within the next 90 days. Currently, DMG Blockchain has paid a $5 million deposit, and subsequent payments will be made according to the Gen AI computing power purchase agreement.

ChainCatcher news, according to CoinDesk, Bitcoin mining company MARA Holdings announced on February 18 that it has completed the acquisition of a wind farm in Texas. The wind farm has a rated power generation capacity of 114 megawatts and a grid connection capacity of 240 megawatts.MARA plans to use the wind farm to power its Bitcoin mining operations and will utilize the latest generation of ASIC miners. The company's CEO Fred Thiel stated that after this acquisition, MARA's total power generation capacity will reach 136 megawatts. As of now, MARA holds 45,659 Bitcoins.

ChainCatcher news, Bitcoin mining company Bitdeer has invested $21.7 million to complete a fully permitted power project deal on 19 acres of land near Fox Creek, Alberta. This acquisition enables Bitdeer to build an on-site natural gas power plant and gain approval for a 99 MW grid interconnection with the Alberta Electric System Operator (AESO).Bitdeer expects to collaborate with an engineering and construction company to power the plant in the fourth quarter of 2026. Meanwhile, the company plans to develop a 99 MW data center at the site specifically for Bitcoin mining.

ChainCatcher news, Bitcoin mining company Compass Mining announced the addition of a 25 megawatt Bitcoin mining facility in Texas. The facility has been fully constructed and will be operational by the end of the year, with an initial capacity of 5 megawatts, expanding to 25 megawatts by early January 2025. Compass also plans to increase the facility's capacity to 60 megawatts before the third quarter of 2025.The new facility will accommodate mining machines relocated from Compass's existing sites as well as newly deployed equipment. By January 2025, new customers purchasing mining machines through the Compass platform will have the option to deploy at the "Texas 6" site.

ChainCatcher news, according to official sources, Bitcoin mining company Cathedra Bitcoin Inc. has announced that it has powered up the last 15 megawatts of capacity for its Bitcoin mining data center in North Dakota, marking the completion of the entire 60 megawatt facility, with Cathedra being a 25% partner in the facility.With the completion of the North Dakota facility, Cathedra now owns and manages Bitcoin mining data center capacities of 45 and 95 megawatts across six locations in the United States. As of the time of publication, the company holds approximately 44 BTC, valued at around 3 million dollars.

ChainCatcher news, Bitcoin mining company BitFuFu announced plans to acquire a majority stake in an 80 megawatt (MW) cryptocurrency mining facility in Ethiopia. This acquisition marks a shift for the Wall Street-based mining company as they seek cheaper energy in East Africa to cope with rising operational costs and shrinking profit margins.Over the past year, BitFuFu's operating costs have surged by 170%, leading to a 75% decline in net profit. The company's entry into Ethiopia is expected to alleviate these challenges by reducing energy costs (averaging below $0.04 per kilowatt-hour).

ChainCatcher news, Ethiopia expands Bitcoin mining power allocation to 600 megawatts, becoming one of the fastest-growing markets in the world, and plans to further increase capacity this year.According to Ethan Vera, co-founder and CEO of Bitcoin miner Luxor, miners in Ethiopia primarily use low-power mid-generation equipment, such as the S19J Pro and A1346 models.It is reported that Ethiopia also aims to become a Bitcoin mining hub by signing power supply agreements with 21 mining companies, mainly from China.

ChainCatcher news, Bitcoin miner Hut 8 has signed a power purchase agreement to have 205 megawatts of immediately available power capacity and land at a site in West Texas. This transaction is the first deal in Hut 8's previously announced 1,100 megawatt exclusive energy capacity plan.Hut 8 CEO Asher Genoot stated, "We will continue to seek opportunities to collaborate with energy partners to develop customized structures that create value for all parties."Hut 8 indicated that the site is well-positioned to support high-density computing applications, including Bitcoin and artificial intelligence, with data center engineering, procurement, and construction work underway. Once completed, this transaction is expected to increase Hut 8's total capacity of owned and managed services to approximately 1.3 gigawatts.

ChainCatcher message, the Dogecoin Foundation announced on social media that Dogecoin GigaWallet v1.0 has been released.It is reported that GigaWallet is a backend service that provides convenient integration APIs for online stores, exchanges, social media, and other platforms to programmatically conduct Dogecoin transactions.