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Steve Darling is an award winning broadcaster who has spent the past 20 years as one of the most recognizable faces in British Columbia, reporting and anchoring at BCTV and Global Television. He spent 15 years as the co-host of the number one morning new program in the province. Steve is a tireless worker for charity hosting some 50 events a year. He is an ambassador for the Canucks Autism Network and hosts numerous events with BC Children’s Hospital and the Child Development foundation of… Read more
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Published: 13:45 18 Feb 2025 EST
BitFuFu Vice President of Investor Relations Charley Brady joined Steve Darling from Proactive to discuss the company’s North American expansion and its latest acquisition plans. BitFuFu has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) Bitcoin mining facility in Oklahoma.
Strategically located in an unpopulated area, the fully constructed facility boasts a reliable power supply with an average electricity cost of just 3 cents per kilowatt-hour. The site operates air-cooled Bitcoin miners, delivering high hashrate efficiency to optimize performance and profitability.
Brady highlighted that this acquisition aligns with BitFuFu’s goal to expand its global power capacity to 1GW, reinforcing its position as a leader in Bitcoin mining by securing long-term, low-cost, and reliable power sources.
In addition to the acquisition, BitFuFu shared its unaudited production update for January 2025 with 83 BTC mined through self-mining operations and 200 BTC generated for cloud-mining customers. The company now holds 1,742 BTC in total holdings as of the end of January.
The company also announced an order of 2,000 S21XP miners, set to arrive in the U.S. by March 2025, adding 0.54 exahashes per second (EH/s) of mining capacity.
With continued expansion and investment in cutting-edge mining technology, BitFuFu is solidifying its status as a major player in the Bitcoin mining industry.
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