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Our Competitive Advantage

We aren’t like other miners, data centre operators, or oil and gas producers

We control our energy

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 Bitcoin miner’s largest expense.

Our mining costs are 50% less than our competitors’

Owning the off-grid energy assets reduces our overall cost per coin by about 50% compared to other North American miners.

We generate two reliable, diversified revenue streams

By producing more than 300 barrels of oil a day while generating 15 MW of energy to mine Bitcoin, we enjoy steady, distinct, and uncorrelated revenue streams.

Approximately 56% of our revenue is from Bitcoin, 42% is from oil production, and 2% is from Canadian carbon credits.

Our off-grid energy is application agnostic

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.

Our model is sustainable

Each of our 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.

Our model is scalable

With a significant addressable market of more than 10,000 potentially stranded oil wells in Alberta, we are 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.

We are pursuing growth

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.