TerraHash Digital™, a division of AgriFORCE (NASDAQ: AGRI), partners with BlueFlare Energy™ to launch a Power & Compute Initiative, advancing HPC and modular Bitcoin mining infrastructure in Alberta

Rhea-AI Summary

AgriFORCE's TerraHash Digital division has partnered with BlueFlare Energy to launch a Strategic Power & Compute Initiative in Alberta, focusing on high-performance computing infrastructure. The collaboration aims to convert underutilized natural gas resources into decentralized computing systems for Bitcoin mining, AI workloads, and analytics. AgriFORCE will finance and acquire BlueFlare's mobile gas-generation units, while BlueFlare manages the infrastructure operations. The initiative features BlueFlare's comprehensive technology stack, including BlueFlare OS for monitoring, Performance Optimization Suite, Remote Command Layer, and the Carbon Cube platform for environmental monitoring. AgriFORCE secured a Right of First Refusal on future BlueFlare sites, supporting TerraHash Digital's expansion plans. The partnership focuses on creating sustainable, efficient computing infrastructure while promoting rural job creation and grid independence.

Positive

• Strategic partnership enables conversion of underutilized natural gas resources into revenue-generating computing infrastructure
• Comprehensive technology stack including monitoring, optimization, and environmental management systems
• Secured Right of First Refusal (ROFR) on future BlueFlare sites for expansion
• Potential for additional revenue through carbon credit monetization
• Promotes rural job creation and grid independence

Negative

• Capital expenditure required for financing and acquiring BlueFlare's gas-generation units
• Operational risks associated with managing remote computing infrastructure
• Exposure to Bitcoin mining volatility and cryptocurrency market risks
• Environmental concerns related to natural gas utilization

Insights

Technology Infrastructure Analyst

AgriFORCE's partnership with BlueFlare creates modular crypto/AI computing infrastructure leveraging stranded natural gas assets, potentially opening new revenue streams.

This strategic partnership represents a significant pivot for AgriFORCE as it expands beyond its traditional focus into the high-growth distributed computing sector. The TerraHash Digital™ initiative leverages BlueFlare's mobile natural gas generation technology to create modular computing infrastructure targeting two of the most energy-intensive digital markets: Bitcoin mining and AI workloads.

The technical architecture is particularly noteworthy. BlueFlare's OS offers unified monitoring capabilities across power consumption, thermal metrics, and computing performance—essential for optimizing hash rates and computing efficiency. Their Performance Optimization Suite introduces adaptive controls for hardware longevity, a critical factor in maintaining profitable operations amid the aggressive processing demands of crypto mining and AI computation.

What's strategically valuable here is the Right of First Refusal (ROFR) AgriFORCE secured on future BlueFlare sites. This provides a clear expansion pathway in Alberta's energy-rich regions without the capital intensity of traditional data center development. The modular approach allows for rapid scaling and redeployment based on energy pricing fluctuations or regulatory changes—flexibility rarely found in fixed infrastructure investments.

The carbon monitoring capabilities also position these operations for potential secondary revenue through carbon credit markets, though the actual validation and monetization process remains complex and jurisdiction-dependent.

Clean Energy Finance Specialist

The AgriFORCE-BlueFlare collaboration exemplifies an emerging trend in energy asset monetization where stranded natural gas resources—often flared or left unutilized—are repurposed for high-value digital infrastructure. The economics here are compelling: natural gas that might sell for $2-3 per MMBtu in traditional markets can generate $15-25 in equivalent value when converted to electricity for Bitcoin mining or AI computing.

What distinguishes this initiative is the BlueFlare Carbon Cube™ environmental monitoring platform. Unlike many crypto mining operations that simply consume energy, this system enables precise emissions tracking and potentially supports carbon credit generation. This dual-purpose approach—computing profits plus carbon monetization—creates a more resilient business model less dependent on cryptocurrency price volatility.

The mobile infrastructure design also introduces significant optionality value. These assets can be relocated to optimize for jurisdictional advantages in energy pricing, regulatory environments, or to capture temporary market inefficiencies. This mobility represents a strategic hedge against the regulatory uncertainty that continues to challenge the crypto mining sector.

For AgriFORCE, this partnership marks a diversification into digital infrastructure with relatively controlled capital deployment. By financing specific BlueFlare units rather than developing comprehensive mining operations independently, they maintain flexibility while gaining exposure to the high-growth distributed computing market. The focus on rural deployment also aligns with emerging incentives for economic development in underserved regions, potentially opening access to additional government support programs.

Vancouver, British Columbia and Grand Prairie, Alberta, June 10, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“AgriFORCE” or the “Company”) (NASDAQ: AGRI), an innovation-driven infrastructure and technology company, today announced the launch of a Strategic Power & Compute Initiative in collaboration with BlueFlare Energy^™ Solutions Inc. (“BlueFlare”), a developer of mobile, natural gas-powered generation systems. The partnership signals a major step forward in AgriFORCE’s TerraHash Digital^™ strategy to build scalable, high-performance computing (HPC) infrastructure for data-intensive applications, including blockchain networks and modular AI workloads.

Modular Power Meets Next-Gen Compute

At the heart of the Initiative is a shared vision: transforming stranded or underutilized natural gas resources into resilient, decentralized computing infrastructure. The collaboration will enable the deployment of modular energy and compute systems capable of supporting everything from Bitcoin mining to artificial intelligence, edge computing, and real-time analytics.

Under the agreement, AgriFORCE will finance and acquire BlueFlare’s proprietary mobile gas-generation units, while BlueFlare will deploy, manage, and operate the end-to-end compute infrastructure.

Integrated Technologies for Intelligent Infrastructure

The Initiative leverages BlueFlare’s full-stack platform for remote site management and real-time optimization:

• BlueFlare OS^™ – Unified dashboard for fleetwide monitoring of power consumption, uptime, thermal metrics, and hash/computing performance.
  
• Performance Optimization Suite – Adaptive control systems for voltage, fan, and clock speed management to extend hardware longevity.
  
• Remote Command Layer – Full remote operability with one-click reboot, firmware pushes, and miner resets.
  
• Alerting & Predictive Analytics – AI-enabled systems for anomaly detection, maintenance forecasting, and incident prevention.
  
• Batch Configuration Tools – Streamlined fleet provisioning for new miners, pools, and compute workloads.
  

Also featured is the BlueFlare Carbon Cube^™, a high-precision environmental monitoring and emissions management platform that supports carbon credit validation and ESG reporting—transforming every site into a measurable sustainability asset.

Strategic Growth Path & Infrastructure Rights

AgriFORCE has secured a Right of First Refusal (ROFR) on future BlueFlare-sourced sites that align with TerraHash Digital^™’s expansion criteria. This ensures a consistent and scalable approach to deploying distributed HPC and digital infrastructure across energy-rich regions in Alberta and beyond.

“This Initiative is a leap forward in our mission to make computing infrastructure more scalable, sustainable, and financially efficient,” said Jolie Kahn, CEO of AgriFORCE. “Together with BlueFlare, we’re pioneering a new era of distributed compute—optimized for both environmental impact and performance.”

Empowering Rural Innovation Through ESG-Aligned Compute

The AgriFORCE–BlueFlare collaboration is designed as a blueprint for regional innovation. By channeling latent energy into data-driven systems, the Initiative promotes rural job creation, grid independence, and carbon offset monetization.

“The Carbon Cube and its supporting technologies represent a breakthrough in transforming stranded or uneconomical energy assets into value-generating infrastructure,” added Dave Jackson, CEO of BlueFlare Energy^™ Solutions Inc. “Our goal is to not only enable advanced data mining and high-performance computing, but also to generate carbon credits that offset raw energy costs and fuel predictive modeling on the project’s frontend. It’s a value-added approach that enhances both operational intelligence and environmental accountability.”

About AgriFORCE Growing Systems Ltd.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a mission-first company operating at the convergence of agriculture, clean energy, and digital infrastructure. Through its TerraHash Digital^™ division, the company develops and manages high-performance compute environments that support the future of decentralized economies and sustainability.

Learn more: www.agriforcegs.com

About BlueFlare Energy^™ Solutions Inc.

Based in Grand Prairie, Alberta, BlueFlare Energy^™ Solutions Inc. is a leader in mobile natural gas-powered generation and decentralized compute technologies. BlueFlare’s platforms unlock stranded energy for scalable applications ranging from Bitcoin mining to real-time data processing.

Learn more: www.GoBlueFlare.com

Follow AgriFORCE on Social Media

• Instagram: @agriforcegs
  
• X (Twitter): @agriforcegs
  
• Facebook: @agriforcegs
  
• LinkedIn: @agriforcegs
  
• TruthSocial: @agriforcegs
  

Follow TerraHash Digital^™ on Social Media

• Instagram: @Terrahashdigital
  
• X (Twitter): @THashDGTL
  
• Facebook: TerraHash Digital™
  
• LinkedIn: @TerraHash-Digital
  
• TruthSocial: @THashDGTL
  

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are encouraged to review AgriFORCE’s SEC filings under “Risk Factors.” The Company disclaims any obligation to update forward-looking statements except as required by law.

For more information, visit: www.agriforcegs.com
Investor Relations: 1-561-717-1742

FAQ

What is the purpose of AgriFORCE's partnership with BlueFlare Energy?

The partnership aims to build scalable high-performance computing infrastructure for Bitcoin mining and AI workloads by converting underutilized natural gas resources into decentralized computing systems in Alberta.

What technologies are included in the AGRI and BlueFlare collaboration?

The collaboration includes BlueFlare OS for monitoring, Performance Optimization Suite, Remote Command Layer, Alerting & Predictive Analytics, Batch Configuration Tools, and the Carbon Cube environmental monitoring platform.

How will AGRI benefit from the BlueFlare partnership?

AGRI will gain access to BlueFlare's proprietary technology, potential carbon credit revenue, and has secured Right of First Refusal on future sites, enabling strategic expansion of their computing infrastructure.

What is the environmental impact of the AGRI-BlueFlare Power & Compute Initiative?

The initiative includes the Carbon Cube platform for environmental monitoring and emissions management, supporting carbon credit validation and ESG reporting while transforming sites into measurable sustainability assets.

How does the AGRI-BlueFlare partnership affect local communities?

The partnership promotes rural job creation, grid independence, and economic development by transforming underutilized energy assets into value-generating computing infrastructure.