AGRIForce Announces Completion of 500 Miner Delivery for Installation at East Palestine, Ohio Bitcoin Mining Site
AgriForce Growing Systems (NASDAQ: AGRI) has completed the delivery of 500 Bitmain S19j Pro 100T Bitcoin mining machines to its East Palestine, Ohio facility. The new equipment will add 50 petahash per second (PH/s) of mining capacity, bringing the company's total Ohio hashrate to 130 PH/s when combined with its existing 80 PH/s Westpoint facility. Installation is scheduled for May 15, 2025.
The 500 mining units will consume approximately 1.475 MW of power at the 2 MW East Palestine site. Each unit delivers 100 TH/s hashrate with 2,950W power consumption and 29.5 J/TH efficiency. The company leverages low-cost power agreements and vertically integrated infrastructure to maintain competitiveness in North American Bitcoin mining.
AgriForce Growing Systems (NASDAQ: AGRI) ha completato la consegna di 500 macchine per il mining di Bitcoin Bitmain S19j Pro 100T presso la sua struttura di East Palestine, Ohio. Il nuovo equipaggiamento aggiungerà 50 petahash per secondo (PH/s) di capacità di mining, portando l'hashrate totale dell'azienda in Ohio a 130 PH/s, combinando i 50 PH/s della nuova struttura con gli 80 PH/s esistenti a Westpoint. L'installazione è prevista per il 15 maggio 2025.
Le 500 unità di mining consumeranno circa 1,475 MW di energia presso il sito da 2 MW di East Palestine. Ogni unità offre un hashrate di 100 TH/s con un consumo energetico di 2.950W e un'efficienza di 29,5 J/TH. L'azienda sfrutta accordi di fornitura energetica a basso costo e un'infrastruttura verticalmente integrata per mantenere la competitività nel mining di Bitcoin in Nord America.
AgriForce Growing Systems (NASDAQ: AGRI) ha completado la entrega de 500 máquinas de minería de Bitcoin Bitmain S19j Pro 100T en su instalación de East Palestine, Ohio. El nuevo equipo añadirá 50 petahashes por segundo (PH/s) de capacidad minera, elevando la tasa de hash total de la compañía en Ohio a 130 PH/s al combinarse con los 80 PH/s existentes en la instalación de Westpoint. La instalación está programada para el 15 de mayo de 2025.
Las 500 unidades de minería consumirán aproximadamente 1,475 MW de energía en el sitio de East Palestine con capacidad de 2 MW. Cada unidad ofrece una tasa de hash de 100 TH/s con un consumo energético de 2,950W y una eficiencia de 29,5 J/TH. La compañía aprovecha acuerdos de energía de bajo costo e infraestructura integrada verticalmente para mantener la competitividad en la minería de Bitcoin en Norteamérica.
AgriForce Growing Systems (NASDAQ: AGRI)는 오하이오주 이스트 팔레스타인 시설에 500대의 Bitmain S19j Pro 100T 비트코인 채굴기를 성공적으로 납품했습니다. 신규 장비는 초당 50 페타해시(PH/s)의 채굴 용량을 추가하여 기존 80 PH/s의 웨스트포인트 시설과 합쳐 회사의 오하이오 총 해시레이트를 130 PH/s로 끌어올립니다. 설치는 2025년 5월 15일로 예정되어 있습니다.
500대의 채굴기는 2 MW 용량의 이스트 팔레스타인 사이트에서 약 1.475 MW의 전력을 소비합니다. 각 장비는 100 TH/s 해시레이트를 제공하며, 전력 소비는 2,950W, 효율성은 29.5 J/TH입니다. 회사는 저렴한 전력 계약과 수직 통합 인프라를 활용해 북미 비트코인 채굴 시장에서 경쟁력을 유지하고 있습니다.
AgriForce Growing Systems (NASDAQ : AGRI) a achevé la livraison de 500 machines de minage Bitcoin Bitmain S19j Pro 100T à son site d'East Palestine, Ohio. Le nouvel équipement ajoutera 50 petahash par seconde (PH/s) de capacité de minage, portant le hashrate total de l'entreprise dans l'Ohio à 130 PH/s en combinaison avec ses 80 PH/s existants à Westpoint. L'installation est prévue pour le 15 mai 2025.
Les 500 unités de minage consommeront environ 1,475 MW d'électricité sur le site de 2 MW d'East Palestine. Chaque unité offre un hashrate de 100 TH/s avec une consommation électrique de 2 950 W et une efficacité de 29,5 J/TH. L'entreprise s'appuie sur des accords d'électricité à faible coût et une infrastructure intégrée verticalement pour rester compétitive dans le minage de Bitcoin en Amérique du Nord.
AgriForce Growing Systems (NASDAQ: AGRI) hat die Lieferung von 500 Bitmain S19j Pro 100T Bitcoin-Mining-Geräten an seine Anlage in East Palestine, Ohio, abgeschlossen. Die neue Ausrüstung wird eine Mining-Kapazität von 50 Petahash pro Sekunde (PH/s) hinzufügen und die gesamte Hashrate des Unternehmens in Ohio auf 130 PH/s erhöhen, wenn sie mit der bestehenden 80 PH/s-Anlage in Westpoint kombiniert wird. Die Installation ist für den 15. Mai 2025 geplant.
Die 500 Mining-Einheiten verbrauchen am Standort East Palestine mit 2 MW Kapazität etwa 1,475 MW Strom. Jede Einheit liefert eine Hashrate von 100 TH/s bei einem Stromverbrauch von 2.950W und einer Effizienz von 29,5 J/TH. Das Unternehmen nutzt kostengünstige Stromverträge und vertikal integrierte Infrastruktur, um in der nordamerikanischen Bitcoin-Mining-Branche wettbewerbsfähig zu bleiben.
- None.
- High power consumption of approximately 1.475 MW for the new mining units
- Significant capital investment required for mining equipment
- Exposure to Bitcoin price volatility and mining difficulty changes
Insights
AgriForce expands Bitcoin mining capacity by 62.5% with 500 new miners, increasing operational efficiency at owned Ohio facilities.
AgriForce's delivery of 500 Bitmain S19j Pro miners represents a significant capacity expansion for their Bitcoin mining operations. The additional 50 PH/s will boost their total hashrate to 130 PH/s across their Ohio facilities, marking a 62.5% increase in mining capacity.
The technical specifications reveal these are industry-standard machines with 100 TH/s hashrate per unit and approximately 29.5 J/TH efficiency. This places them in the mid-tier efficiency range for current generation Bitcoin mining hardware. The total power consumption of ~1.475 MW for the 500-unit deployment is well-optimized for their 2 MW facility capacity, allowing for appropriate overhead and load balancing.
The company's infrastructure-first approach with owned facilities in Ohio provides strategic advantages. By operating fully-owned sites with reported low-cost power agreements, AgriForce is positioning itself to maintain competitive mining economics even during Bitcoin market volatility. Their vertically integrated infrastructure reduces operational dependencies and potentially improves margins compared to hosting-dependent miners.
The rapid deployment timeline mentioned by management—with installation expected just one day after the announcement—demonstrates operational efficiency in converting capital expenditure to productive hashrate. This agility in procurement and deployment is particularly valuable in the mining sector, where equipment revenue generation is highly time-sensitive due to Bitcoin's increasing mining difficulty.
Vancouver, British Columbia and West Palm Beach, FL, May 14, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. (“AgriForce” or the “Company”) (NASDAQ: AGRI), a diversified technology and infrastructure company focused on digital energy innovation, is pleased to announce the successful delivery of its previously announced order of 500 Bitmain S19j Pro 100T Bitcoin mining machines to its EPCM contractor for installation at the Company’s second OH facility in East Palestine, Ohio.
Once installation is complete, the delivered equipment is expected to add an additional 50 petahash per second (PH/s) of new mining capacity, increasing AgriForce’s total operational Ohio hashrate to 130 PH/s. This includes the Company’s existing 80 PH/s running at its 3 MW facility in Westpoint, Ohio. Installation is now expected to occur on or about May 15, 2025.
Hardware Specifications – Bitmain S19j Pro 100T
- Hashrate (per unit): 100 TH/s
- Power Consumption (per unit): ~2,950 W
- Efficiency: ~29.5 J/TH
- Total System Power Draw: ~1.475 MW (500 units)
- Facility Capacity: 2 MW site with optimized load balancing
Infrastructure-First, Scaled for Efficiency
With this latest delivery, AgriForce will soon operate 130 PH/s of computing power across two fully owned facilities in Ohio. Leveraging low-cost power agreements and vertically integrated infrastructure, the Company continues to strengthen its competitive position in the North American Bitcoin mining sector.
“Receiving 500 new machines for our East Palestine site marks another strategic milestone in our scale-up roadmap,” said Jolie Kahn, CEO of AgriForce. “This delivery is expected to enhance our operational capacity and improve our cost efficiency as we move toward our goal of reaching one exahash.”
Stressing the Company’s efficiency in turning investment dollars into revenue-producing assets, Chris Polimeni, CFO of AgriForce stated: “We continue to quickly turn acquisition investments into productive, energized hashrate. This ability to agilely locate well priced miners and install and operate them in consistently rapid operations shows the nimbleness of our organization and greatly optimizes our rates of success.”
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. Forward-looking statements are identified by words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” and similar expressions. These statements involve risks, uncertainties, and other factors—some of which are beyond the Company’s control—that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements and are encouraged to review the Company’s periodic filings with the SEC under the heading “Risk Factors” in Forms 10-K, 10-Q, and 8-K. The Company undertakes no obligation to revise or update forward-looking statements due to new information or future developments.
For more information, visit www.agriforcegs.com
For Further Information, Please Contact:
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FAQ
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