Business
Bitfarms Announces Plans for Conversion of Washington Site to HPC/AI Workloads
- Modular infrastructure to enable faster construction targeting December 2026 completion - - S...
About this update from Keel Infrastructure Corp.
[{"type":"text","content":"Bitfarms Announces Plans for Conversion of Washington Site to HPC/AI Workloads\n\n\n\n - Modular infrastructure to enable faster construction targeting December 2026 completion -\n \n - Site designed to support Nvidia GB300s with advanced liquid cooling -\n \n - Full supply chain of IT infrastructure equipment secured -\n \n - Pursuing both colocation and cloud monetization strategies -\n \n\n TORONTO and NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF), a North American energy and digital infrastructure company (“Bitfarms” or the “Company”), today announced its plans for converting its Washington site to HPC/AI workloads.\n \n\n\n Washington Targeting 2026 Completion\n \n\n\n The Company’s 18 MW Bitcoin mining facility in Washington State will be the first site fully converted to support HPC/AI workloads with up to 190KW per rack and advanced liquid cooling. Bitfarms has signed a fully funded, binding agreement of US$ 128 million with a large publicly traded American multinational provider of critical infrastructure and services for data centers. Under the terms of the agreement, the partner will supply all critical IT equipment and building materials for 18 MW of gross capacity with an anticipated industry leading PuE, between 1.2 and 1.3. The site is targeted for completion in December 2026.\n \n\n The state-of-the-art facility will feature:\n \n\n\n\n Validated reference designs\n \n ensuring compatibility and performance with Nvidia GB300 GPUs\n \n\n\n Modular infrastructure\n \n enabling phased deployment and scalability\n \n\n\n Proven thermal and power management\n \n critical for HPC/AI workloads\n \n\n\n\n \"We continue executing on our HPC/AI infrastructure development strategy with a fully funded supply chain and plan to convert our Washington site to support Nvidia GB300s with state-of-the-art liquid cooling,\" said Ben Gagnon, Chief Executive Officer of Bitfarms. \"While our focus is on developing infrastructure to support Nvidia’s next generation of Vera Rubin GPUs across most of our portfolio, with nearly a billion dollars in cash, unused credit facilities and Bitcoin and numerous potential GPU financing options available, we believe there are compelling reasons to consider pursuing a GPU-as-a-Service or Cloud monetization strategy specifically...