Advice on mining farm Quebec

[wongld2]

Hello Guys,

Hope you are doing well.

Currently have 2 working mines 1 in China 1 in Venezuela.  Things in these countries work in different manners (not as strict) as in Canada, so the process of building the mines was not so complex.

Due to the political instability in both countries and policies regarding crypto, I've been contemplating on moving both mines to Quebec, Canada, and expanding it for hosting further clients.

I was hoping to get some guidance and recommendations on how will be the best way to approach such a project, more specific on finding the right building with the electrical capabilities to host mines anywhere from 1MW to 5MW.

Ive been in contact already with the hydro company, however they aren't the faster moving when it comes to advices on locations.

Im currently in Toronto, and any help, guidance, advice, will be deeply appreciated.

Regards,

Danny

[1715351141]

1715351141

[1715351141]

1715351141

[1715351141]

1715351141

[Steamtyme]

Honestly Danny; if it were me I wouldn't limit myself to Quebec.
Alberta had awesome rates and you can pick up buildings an hour or 2 outside of major centers for a decent price right now before the economy begins to kick back into overdrive.

You can look into Manitoba, there are tons of small towns with high-speed connections. Usually you can find a space and retrofit it to your needs. The "larger" centers also have what you would want but that comes with the visibility and regulations if being inside a city.

I can't speak to the rest of the provinces but I imagine saskatchewan to offer a similar opportunity to that in manitoba.

I would try contacting the utility companies in several provinces and weigh your tax options against them. The hosting services i know of operate out of newfoundland and labrador for example.

If you come to Manitoba, I could help you source a location potentially. Also all of our utility companies are slow, and won't provide you with insight on a location. They will however show up for your money.

Good luck

[big al]

Tell me about it! I have 8 acres just outside Winnipeg one mile west of the West perimeter. 7.2kv 3 phase is just across the gravel road. If I buy my own transformer that would be 3.9 cents per kwhr.

But FML trying to get Hydro to tell me how much kva is available on those lines.

Development wouldn't be an issue either, long time family friends with important people.  But if there's not enough power it doesn't matter.

[fanatic26]

When looking for new buildings, I always look for the maximum amount of existing infrastructure I can leverage. Old industrial sites and places that had/have heavy machinery are the sites I would focus on. Due to the electrical demand, sites like this almost always have a substation right next to them, then its all about power delivery. Buying directly from the provider is usually a bad idea, for the kind of power you are looking for you should contact an energy trader local to the area to see what options you have when it comes to buying the power.

[btc-haze]

When looking for new buildings, I always look for the maximum amount of existing infrastructure I can leverage. Old industrial sites and places that had/have heavy machinery are the sites I would focus on. Due to the electrical demand, sites like this almost always have a substation right next to them, then its all about power delivery. Buying directly from the provider is usually a bad idea, for the kind of power you are looking for you should contact an energy trader local to the area to see what options you have when it comes to buying the power.

This is interesting, how exactly does buying from a energy trader work?

And what's is the usually minimum quantity required?

[fanatic26]

This is interesting, how exactly does buying from a energy trader work?

And what's is the usually minimum quantity required?

You arent specifically buying from an energy trader himself, you basically use him as a consultant to find out where you can buy power direct, and you can have him help with the negotiation process. Minimum power requirements vary by company but you can usually buy in megawatt 'blocks'. The energy trader is the guy that will have all of these answers for you.

[btc-haze]

This is interesting, how exactly does buying from a energy trader work?

And what's is the usually minimum quantity required?

You arent specifically buying from an energy trader himself, you basically use him as a consultant to find out where you can buy power direct, and you can have him help with the negotiation process. Minimum power requirements vary by company but you can usually buy in megawatt 'blocks'. The energy trader is the guy that will have all of these answers for you.

Thanks .That was helpful

[digger888]

Hello Guys,

Hope you are doing well.

Currently have 2 working mines 1 in China 1 in Venezuela.  Things in these countries work in different manners (not as strict) as in Canada, so the process of building the mines was not so complex.

Due to the political instability in both countries and policies regarding crypto, I've been contemplating on moving both mines to Quebec, Canada, and expanding it for hosting further clients.

I was hoping to get some guidance and recommendations on how will be the best way to approach such a project, more specific on finding the right building with the electrical capabilities to host mines anywhere from 1MW to 5MW.

Ive been in contact already with the hydro company, however they aren't the faster moving when it comes to advices on locations.

Im currently in Toronto, and any help, guidance, advice, will be deeply appreciated.

Regards,

Danny

Danny,

I am in the process of expanding my mining facility in Calgary, AB, maybe we should talk. In Calgary, if you ask for 2MW then you don't have to pay for the $10K feasibility study. So the sweet spot is 2MW, don't give the energy company the range of 1MW to 5MW because they will try to get as much money from you as possible.