Our Competitive Advantage

As the owner and operator of oil and gas assets, New West Data has complete control over our energy costs and supply, which is a compute operator’s largest recurring expense.

In an era where AI and HPC are constrained by grid availability, our off-grid energy solutions can liberate these technologies from traditional infrastructure and enable sovereign, sustainable, and scalable compute.

Owning the off-grid energy assets reduces New West Data’s overall cost per coin by about 50% compared to other North American miners.

By producing more than 300 barrels of oil a day and 1,000 boe a day while generating 15 MW of energy to mine Bitcoin, New West Data enjoys steady, distinct, and uncorrelated revenue streams. Approximately 50% of our revenue is from Bitcoin, 49% is from oil production, and 1% is from Canadian carbon credits.

Each of New West Data’s owned projects is projected to be economically viable for at least a decade – significantly longer than the lifespan of many energy agreements other miners enter into.

With a significant addressable market of more than 10,000 potentially stranded oil wells in Alberta, New West Data is seizing the opportunity to scale and expand operations into additional locations.

With several opportunities in our pipeline at any time, we strategically target properties with gas egress constraints and prioritize those that offer the greatest economic return.

New West Data is aggressively pursuing a range of options to fuel its next phase of growth at both the project and corporate levels, including a potential public listing.