AgriForce Commences Final Installation of 500 Bitcoin Miners at East Palestine, Ohio Site
AgriForce Growing Systems (NASDAQ: AGRI) has begun the final installation phase of 500 Bitmain S19j Pro 100T Bitcoin mining machines at its East Palestine, Ohio facility. This deployment will add 50 petahash per second (PH/s) to the company's operations, increasing its total active hashrate to 130 PH/s across two Ohio-based sites.
The installation follows the machines' delivery announced on May 14, 2025. The facility is optimized to handle the 1.475 MW power draw of the new machines within its 2 MW capacity. The company aims to exceed one exahash in Q2 2025, demonstrating its commitment to rapid, capital-efficient scaling of its Bitcoin mining operations.
AgriForce Growing Systems (NASDAQ: AGRI) ha iniziato la fase finale di installazione di 500 macchine per il mining di Bitcoin Bitmain S19j Pro 100T presso la sua struttura di East Palestine, Ohio. Questo intervento aggiungerà 50 petahash al secondo (PH/s) alle operazioni dell'azienda, portando il tasso di hash totale attivo a 130 PH/s su due siti situati in Ohio.
L'installazione segue la consegna delle macchine annunciata il 14 maggio 2025. La struttura è ottimizzata per gestire il consumo energetico di 1,475 MW delle nuove macchine all'interno della sua capacità di 2 MW. L'azienda punta a superare un exahash nel secondo trimestre del 2025, dimostrando il suo impegno per una rapida espansione efficiente in termini di capitale delle sue operazioni di mining di Bitcoin.
AgriForce Growing Systems (NASDAQ: AGRI) ha comenzado la fase final de instalación de 500 máquinas de minería de Bitcoin Bitmain S19j Pro 100T en su instalación de East Palestine, Ohio. Esta implementación añadirá 50 petahashes por segundo (PH/s) a las operaciones de la compañía, aumentando su tasa de hash activa total a 130 PH/s en dos sitios ubicados en Ohio.
La instalación sigue a la entrega de las máquinas anunciada el 14 de mayo de 2025. La instalación está optimizada para manejar el consumo de energía de 1,475 MW de las nuevas máquinas dentro de su capacidad de 2 MW. La compañía apunta a superar un exahash en el segundo trimestre de 2025, demostrando su compromiso con una expansión rápida y eficiente en capital de sus operaciones de minería de Bitcoin.
AgriForce Growing Systems (NASDAQ: AGRI)는 오하이오주 이스트 팔레스타인 시설에서 500대의 Bitmain S19j Pro 100T 비트코인 채굴기 최종 설치 단계를 시작했습니다. 이번 배치는 회사 운영에 초당 50페타해시(PH/s)를 추가하여 오하이오에 위치한 두 곳의 총 활성 해시레이트를 130 PH/s로 늘릴 예정입니다.
이 설치는 2025년 5월 14일 발표된 장비 배송 이후 진행됩니다. 이 시설은 2MW 용량 내에서 새로운 기계들의 1.475MW 전력 소모를 처리하도록 최적화되어 있습니다. 회사는 2025년 2분기까지 1엑사해시를 초과하는 것을 목표로 하며, 비트코인 채굴 사업의 빠르고 자본 효율적인 확장에 대한 의지를 보여줍니다.
AgriForce Growing Systems (NASDAQ : AGRI) a entamé la phase finale d'installation de 500 machines de minage Bitcoin Bitmain S19j Pro 100T dans son installation d'East Palestine, Ohio. Ce déploiement ajoutera 50 petahash par seconde (PH/s) aux opérations de l'entreprise, portant son hashrate actif total à 130 PH/s sur deux sites basés dans l'Ohio.
L'installation fait suite à la livraison des machines annoncée le 14 mai 2025. L'installation est optimisée pour gérer la consommation électrique de 1,475 MW des nouvelles machines dans sa capacité de 2 MW. L'entreprise vise à dépasser un exahash au deuxième trimestre 2025, démontrant son engagement envers une montée en puissance rapide et efficace en capital de ses opérations de minage Bitcoin.
AgriForce Growing Systems (NASDAQ: AGRI) hat mit der finalen Installationsphase von 500 Bitmain S19j Pro 100T Bitcoin-Mining-Geräten in seiner Einrichtung in East Palestine, Ohio, begonnen. Diese Erweiterung wird 50 Petahash pro Sekunde (PH/s) zur Betriebsleistung des Unternehmens hinzufügen und die gesamte aktive Hashrate auf 130 PH/s an zwei Standorten in Ohio erhöhen.
Die Installation folgt auf die am 14. Mai 2025 angekündigte Lieferung der Maschinen. Die Anlage ist darauf ausgelegt, den 1,475 MW Stromverbrauch der neuen Geräte innerhalb ihrer 2 MW Kapazität zu bewältigen. Das Unternehmen strebt an, im zweiten Quartal 2025 eine Exahash-Marke zu überschreiten, was sein Engagement für eine schnelle und kapital-effiziente Skalierung seiner Bitcoin-Mining-Aktivitäten unterstreicht.
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Insights
AgriForce significantly expands Bitcoin mining capacity by 50 PH/s, targeting 1 EH/s in Q2 2025.
AgriForce is making significant strides in the Bitcoin mining sector with the final installation phase of 500 Bitmain S19j Pro miners at their East Palestine, Ohio facility. This deployment will add 50 petahash per second (PH/s) to their operations, bringing their total hashrate to 130 PH/s across their Ohio facilities.
The technical specifications here matter considerably. The Bitmain S19j Pro 100T is a workhorse ASIC miner with approximately 100 terahash per second per unit. At current Bitcoin difficulty levels, each petahash represents meaningful mining capacity. The company wisely acknowledges the 1.475 MW power requirement for these new machines, showing they've properly engineered their facility's 2 MW capacity with appropriate load balancing.
What's particularly notable is AgriForce's aggressive scaling targets. Their stated goal of surpassing one exahash (1,000 PH/s) in Q2 2025 represents nearly an 8x increase from their current capacity. This would position them as a mid-tier Bitcoin mining operation by today's standards.
The company appears to be executing a vertical integration strategy in Bitcoin mining, suggesting they're controlling multiple aspects of the mining stack—likely including power generation, facility management, and mining operations. This approach can provide cost advantages when properly executed, but also increases operational complexity.
While this deployment significantly increases their hashrate, AgriForce remains a relatively small player in the overall Bitcoin mining landscape where major operations measure hashrate in exahashes rather than petahashes. Their ability to achieve their ambitious scaling goals will depend heavily on capital efficiency, power costs in Ohio, and ongoing machine acquisition strategy.
Company Moves to 130 PH/s Operational Capacity Across Ohio-Based Facilities
Vancouver, British Columbia and West Palm Beach, FL, May 20, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. (“AgriForce” or the “Company”) (NASDAQ: AGRI), a diversified technology and infrastructure firm focused on digital energy innovation, is pleased to announce that final installation of the previously delivered 500 Bitmain S19j Pro 100T Bitcoin mining machines is now being completed at its East Palestine, Ohio mining facility.
This latest deployment marks a key operational milestone in AgriForce’s ongoing expansion of its vertically integrated Bitcoin mining strategy. Once energized, the 500-unit installation will contribute an additional 50 petahash per second (PH/s) to the Company’s Ohio-based operations, bringing its total active hashrate to 130 PH/s across two company-owned sites in Ohio.
“Our team and EPCM partners have once again demonstrated exceptional execution, initiating installation efficiently at our East Palestine site,” said Jolie Kahn, CEO of AgriForce. “This keeps us well on track to bring additional hashpower online rapidly and underscores our continued commitment to aggressive, capital-efficient scaling.”
The final deployment follows the successful delivery of the machines announced on May 14, 2025. The facility is optimized to accommodate the 1.475 MW power draw associated with the new machines, utilizing efficient load balancing across its 2 MW capacity.
“Getting to the installation phase early is a testament to our logistical coordination and our relentless focus on speed-to-hash,” added Chris Polimeni, CFO of AgriForce. “We are creating real operational momentum as we target our next strategic goal—surpassing one exahash in Q2 of 2025.”
About AgriFORCE Growing Systems Ltd.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a forward-thinking technology company committed to addressing major challenges in agriculture, digital infrastructure, and environmental innovation. The Company focuses on building energy-efficient operations that support long-term value creation, leveraging proprietary infrastructure strategies and clean energy assets to drive sustainable growth.
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Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, expectations regarding hashrate expansion, energy efficiency, timelines, and financial or operational performance. Forward-looking statements are identified by words such as “may,” “will,” “expect,” “anticipate,” “estimate,” and other similar expressions. These statements are subject to risks, uncertainties, and other factors, many of which are beyond AgriForce’s control. Readers should not place undue reliance on these statements and are encouraged to review the Company’s filings with the SEC for further information, including risk disclosures.
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