The agreement will see Black Rock Petroleum (BKRP) host and operate up to one million miners. These machines are being relocated from China, and exported to Canada. The miners will then be distributed across three Natural Gas producing sites located in Alberta, Canada.
The first 200,000 units are set to be hosted at the Quirk Creek Gas plant, operated by Caledonian Midstream Corporation.
Optimum Mining Host Limited Liability Co (OMH) will be handling the electricity costs of the miners, while BKRP will be handling the installation, service, firmware updates, maintenance and repair of the units.
Both companies will look to share the workload in managing the successful operation of the miners. The contract, which is set to last for 24 months, with an option to extend for another 12 months, will see 200,000 machines being scheduled at first. Then an additional 300,000 machines, followed by an additional 500,000 once negotiations are concluded.
