Skip to main content

Oil & Gas + Bitcoin

North America’s only stranded gas powered Bitcoin miner and oil and gas producer

Energy Independence and Vertically-Integrated Compute

North America’s only stranded gas powered Bitcoin miner and oil and gas producer

New West Data owns and operates oil and gas assets that produce oil and generate lowest-cost power for all forms of compute, including Bitcoin mining. By reimagining the natural gas midstream, we use off-grid infrastructure to turn stranded gas into a profitable revenue stream, extending the economic life of oil assets.
  • 24 owned wells powering Bitcoin mining across Alberta
  • 4 third-party sites powering Bitcoin mining
  • More than 15 MW powering Bitcoin mining
  • Production of 300+ barrels of oil per day
  • 5 years of successful operations
  • Seasoned team of oil and gas and Bitcoin Mining leaders
  • Lowest energy cost per coin of Alberta miners
  • Total addressable market of 10,000+ sites across Alberta
Image
Image

Active projects throughout Alberta, Canada