Taal Distributed Info Techs Inc (fka TAALF)

[fromtheuk]

New PR out… Huge News

TAAL Acquires 60,000 sq/ft Facility to Mine Bitcoin at an Industrial Scale

50-MW energy will power up to 2 Eh/s of mining capacity
New Brunswick based facility will become TAAL’s cornerstone Bitcoin mining asset
New Brunswick Power Corporation ("NB Power") supplies energy that is over 80% non-emitting, over 40% from renewables

Today, TAAL announced that it has signed a definitive share purchase agreement to acquire 100% of the shares of Chief Fuels. With this acquisition, TAAL adds significant Canadian clean energy resources to power up to 2 Eh/s of blockchain computers in New Brunswick, Canada.

Upon completion of this acquisition, TAAL will be the owner of a 60,000 sq/ft facility in Grand Falls, New Brunswick, and will partner with NB Power to build out 50 megawatts of power to supply a dedicated Bitcoin mining and transaction processing operation.

See the full press release here: https://www.taal.com/news/taal-acquires-60000-sqft-facility-mining-btc/.

Thank you!