New West Data

New West Data is a vertically integrated Bitcoin mining and oil and gas production company based in Alberta, Canada, specializing in monetizing stranded or excess natural gas reserves from oil and gas wells. The company owns and operates 28 sites across four key geographies in Alberta, with more than 15 MW of power dedicated to Bitcoin mining and over 300 barrels per day (bbl/d) of oil production. In the Canadian oil and gas industry, many producers face significant challenges in profitably bringing natural gas to market due to infrastructure constraints, often resulting in flaring or venting of gas, which contributes to emissions and wasted energy. New West Data addresses this issue directly by capturing and utilizing natural gas at the wellhead to generate on-site electricity, powering Bitcoin mining operations—a process known as digital egress. This transforms what is typically a liability (stranded gas and flaring costs) into a profitable, long-term revenue stream. The company’s unique model provides distinct advantages: full ownership and control over oil assets and energy supply (reducing Bitcoin mining’s largest cost—electricity—by at least 50% compared to other North American miners), decades of oil and gas expertise combined with more than five years of hands-on Bitcoin mining experience, and uncorrelated revenue streams from oil production and Bitcoin mining that offer resilience against volatility in either market. Each current operation is projected to remain economically viable for at least a decade, with a significant addressable market of applicable wells in Alberta. New West Data is actively scaling its operations and expanding its footprint to further capitalize on stranded gas opportunities. As of January 2, 2026, New West Data is active with ongoing Bitcoin mining powered by stranded gas, oil production, and infrastructure development across its 28 Alberta sites.

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Details

Location
Canada
Launch Year
2020
Type
Power/Miner
Company Links
LinkedInWebsite

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450+
Colocation Facilities
50+
Mining Facilities
1500+
Miners & Containers for Sale
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450+
Colocation Facilities
50+
Mining Facilities
1500+
Miners & Containers for Sale

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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.

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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.

Daily Market Updates
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