Nasdaq-listed company AVAX One Technology (Nasdaq: A) announced the signing of a Front-End Engineering Design (FEED) plan, aiming to develop a 10MW AI/HPC microgrid data center at the 4-31 Battery site in Alberta, Canada. AVAX One also announced the acquisition of 220 Bitmain Antminer S21 Pro (234 TH/s) miners, expected to increase its total hash rate in Alberta by approximately 33%, from about 150 PH to over 200 PH. The related investment is said to be below $500k and will be used to generate short-term mining revenue before the AI/HPC facility construction.

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