⚡ Sub-3¢ USD Power • Purpose-Built for Bitcoin Mining • Wabush, Newfoundland-and-Labrador, Canada ⚡

Up to 25 MW at Sub-3¢ USD.
Built for Bitcoin Miners.

Non-firm hydro power and two acres of land in Wabush, Newfoundland-and-Labrador, Canada. The rate structure Bitcoin miners have been looking for — competitively priced, innovative, and in a mining-friendly jurisdiction.

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25 MW
Peak Allocation
~3¢
USD / kWh (~4.2¢ CAD)
2 Acres
Land Included
~$576K
USD — Land (~$800K CAD)
$50K
USD / MW (~$69K CAD)
Power Availability by Season
Non-firm allocation varies seasonally. Spring delivers maximum hashrate capacity. Winter runs lean — but at the cheapest rates on the continent.

Winter

5
MW Available

Spring

25
MW Available — Peak

Summer

15
MW Available

Fall

20
MW Available
Turnkey Mining Site in Wabush, Newfoundland-and-Labrador
Everything a Bitcoin miner needs — cheap power, land, and grid connection — in one of the most mining-friendly jurisdictions in North America. Power priced at $50,000 USD (~$69K CAD) per MW.

Power Allocation

5–25 MW seasonal

Non-firm allocation from NL Hydro under Public Utility Board-approved rate (Order P.U. 34(2023), effective Mar 1, 2024). Variable rate tied to market — 24 months of published data confirm among the lowest in North America.

Land

2 Acres

Cleared, accessible land adjacent to grid infrastructure. Road access. Ready for containerized ASIC deployment. Sufficient for full seasonal capacity.

Land — Wabush

~$576,000 USD (~$800K CAD)

Two acres adjacent to grid infrastructure. Road access. Power allocation at $50,000 USD (~$69K CAD) per MW.

Rate Structure

On/Off peak

NL Hydro non-firm with on-peak and off-peak pricing. On-peak: Mon–Fri 7–10pm (winter) / 8am–10pm (non-winter). Off-peak hours (55–58% of total) — maximizing low-cost hashing time.

The Rate Bitcoin Miners Dream About
In a post-halving world where margins are everything, this rate structure is a competitive weapon. 75% of available MWh come at under 4¢ USD (~5.5¢ CAD) — and the cheapest months deliver the most capacity.
~3.5¢
USD / kWh • Effective Weighted Rate (~4.8¢ CAD)

Based on 24 months of actual NL Hydro non-firm rate data (Mar 2024 – Apr 2026). Weighted by seasonal MW availability and on/off-peak hours.

The structure naturally favours miners: cheapest power = most capacity. Spring delivers 25 MW at ~2.5¢ USD. Off-peak hours (55–58% of total) drive the effective rate down further.

SeasonMWOn-Peak ¢/kWhOff-Peak ¢/kWhEff. $/MWh
Spring (Apr–May)252.72¢ (3.78¢ CAD)2.41¢ (3.35¢ CAD)$25 ($35 CAD)
Fall (Sep–Nov)203.10¢ (4.30¢ CAD)2.55¢ (3.54¢ CAD)$28 ($39 CAD)
Summer (Jun–Aug)154.72¢ (6.56¢ CAD)3.26¢ (4.53¢ CAD)$39 ($54 CAD)
Winter (Dec–Mar)57.14¢ (9.92¢ CAD)6.65¢ (9.23¢ CAD)$69 ($95 CAD)
Non-Winter Effective
~3.0¢ USD
(~4.2¢ CAD) • 9 months, 60 of 65 MW
Off-Peak Floor
~1.4¢ USD
(~1.95¢ CAD) • Spring off-peak
Off-Peak Hours
55–58%
of all hours • nights + weekends
Source: NL Hydro published non-firm rates, Mar 2024 – Apr 2026 (24 months). On-peak: Mon–Fri 7am–10pm (winter) / 8am–10pm (non-winter), Newfoundland Time. Off-peak: all other hours. Rate approved by Public Utility Board, Order P.U. 34(2023), effective March 1, 2024. USD at 0.72×CAD.
How This Stacks Up
When every sat/TH matters, your power cost is your moat. This Wabush site is 30–55% cheaper than where most miners operate today.
Wabush (this site)
$35 USD/MWh ($48 CAD)
Québec Industrial
$48 USD/MWh ($67 CAD)
Texas (ERCOT)
$40–55 USD/MWh ($56–76 CAD)
Paraguay
$35–40 USD/MWh ($49–56 CAD)
Virginia / Georgia
$55–65 USD/MWh ($76–90 CAD)
US National Avg
$60–75 USD/MWh ($83–104 CAD)
Grid infrastructure in Labrador

Non-Firm Power = The Miner’s Edge

ASICs don’t care about uptime guarantees. They care about cost per terahash. Non-firm power is discounted because most industries can’t use it. Miners can — and that discount is your moat.

Built for the Post-Halving Era
After every halving, miners with the cheapest power survive. Non-firm rates in Wabush give you a structural cost advantage that firm-power competitors simply cannot match.

ASICs Restart Instantly

No data loss, no setup time, no penalty. When power returns after a curtailment event, your machines are hashing within seconds. You only pay for power you use.

Curtailment = A Few Hours in Winter

NL Hydro may curtail during peak cold in Dec–Feb, for a couple of hours at a time. That’s it. The other 9–10 months run uninterrupted at rates most miners can’t access.

The Discount IS the Moat

Non-firm power is cheap because traditional industry can’t tolerate interruptions. Miners can. Every other bidder for this energy walks away — you don’t. That’s your competitive advantage.

Mining-Friendly Jurisdiction

No regulatory whiplash. Newfoundland & Labrador worked directly with Bitcoin miners and data-center operators to design this non-firm rate structure specifically for their needs — one of the only provinces to proactively build a tariff around crypto mining loads.

What’s Included

Power

5–25 MW

Seasonal non-firm from NL Hydro. Public Utility Board-approved variable rate.

Land

2 Acres

Adjacent to grid. Cleared, road access, ready for containers.

Land

~$576,000

USD (~$800K CAD). Two acres in Wabush. Adjacent to grid.

MW Price

$50,000

USD per MW (~$69K CAD). Power allocation transfers with sale.

Best Rate

~1.4¢

USD/kWh off-peak floor (~1.95¢ CAD). Spring off-peak. Non-winter effective: ~3.0¢ USD (~4.2¢ CAD).

Ready to Hash?

This allocation won’t last.

~3¢ USD effective power with land at this scale is rare anywhere. Serious miners — contact us to receive the full data package, 24-month rate history, and site specs.

Wabush, Newfoundland-and-Labrador, Canada
Miner’s Quick Math
25 MW peak (spring) × $50K/MW = $1.25M USD (~$1.74M CAD) power allocation
Land: ~$576K USD (~$800K CAD)
Non-winter effective: $30/MWh USD ($42 CAD/MWh) = ~3.0¢/kWh all-in (~4.2¢ CAD)
Spring off-peak floor: 1.4¢ USD (1.95¢ CAD) • 75%+ of MWh under 4¢ USD