BitX Group Partners with Alberta Mining Facilities Management Company to Super-Charge Bitcoin Mining Efficiency Across Canada
GlobePRwire
BitX Group has signed a landmark Memorandum of Understanding with Alberta Mining Facilities Management Company (AMFMC), paving the way for full-scale deployment of the Bit-X V2 Accelerator across AMFMC’s Alberta sites. The agreement unites BitX’s award-winning AI-powered software with one of Canada’s fastest-growing mining operators, redefining how performance, cost, and community participation converge in the next era of Bitcoin production.
Arriving just ahead of the forthcoming Bitcoin halving, the collaboration addresses a crucial industry challenge: how to squeeze more valid hashes—and profit—out of every existing ASIC. Proven on S19, S21 and S21 Hydro models, Bit-X V2 boosts hash efficiency dramatically without fresh hardware spend, underscoring BitX’s conviction that efficiency gains, not hardware arms races, will set tomorrow’s winners apart.
Brian Ashe, Chief Executive Officer of BitX Group, stated:“Our mission is to democratize hash power by turning every deployed machine into a smarter, more productive asset. Partnering with AMFMC allows us to scale that mission in Canada and invite the wider community to share in the rewards of a more efficient Bitcoin network.”
Michael Thompson, Managing Director of AMFMC, commented:“By integrating Bit-X V2 we expect increased gains in output and significant reductions in marginal costs. These improvements position us to expand our farm footprint aggressively and capture a larger share of the global market.”
Alexander, Chief Technology Officer of BitX Group, added:“Our phased, zero-downtime rollout ensures miners remain online while realizing tangible efficiency gains from day one.”
MoU Cornerstones
- Initial Rollout: Bit-X V2 will be installed on 12,000 ASIC units in Drumheller, delivering an immediate leap in valid-hash efficiency.
- Shared Accelerator Program: Through BitX’s community gateway, anyone can contribute as little as USD 100 and earn proportional rewards from the upgraded hash rate—eliminating traditional entry barriers.
- 18-Month Expansion Path: AMFMC plans to grow to 30,000 machines, while BitX supplies continuous AI-driven optimization across future Alberta sites.
Together, BitX and AMFMC are proving that intelligent software—not bigger budgets—will fuel the next wave of Bitcoin mining growth. Their joint roadmap promises sharper economics for miners, greener power-use profiles for facilities, and unprecedented access for participants worldwide.