VANCOUVER, Canada, June 20, 2025 – Bitzero Blockchain has announced the development and operation of four advanced data centers in North Dakota, Norway, and Finland.
Global energy demand grew by 2.2% last year, outpacing the 10-year average of 1.3%. The surge has added pressure on high-energy industries like Bitcoin mining, AI, and cloud computing, where electricity can account for up to 80% of operational costs.
Backed by investor Kevin O’Leary and led by CEO Mohammed Bakhashwain, Bitzero is building stable, secure infrastructure for digital use. The systems are designed to meet this demand resourcefully and sustainably.
“The world doesn’t just need more data centers, it needs better ones,” said Bakhashwain. “Our mission is simple: deliver high-performance computing power with the lowest environmental impact possible, and we’re doing it in sites we have strategically identified and acquired as some of the most energy-efficient environments on the planet.”
Bitzero Brings Real Assets, Infrastructure, and Profitability
Bitzero manages its own operations, including land, power, and equipment, rather than renting space from third-party data centers. This setup supports steady profits, better security, and direct control of energy usage. In a field where renting can limit options and increase costs, owning these resources helps Bitzero run efficiently and handle growth.
In cold-weather regions like Norway, Finland, and North Dakota, Bitzero improves efficiency by adjusting aging mining equipment to work better at lower temperatures, which also helps reduce power use. By owning its hardware, using low-cost renewable energy, and managing equipment for optimized output, Bitzero has created a model that is profitable per unit of revenue than old-school miners, even in post-halving conditions.
With a pipeline of new projects under evaluation, Bitzero is positioning itself to lead the next wave of clean computing infrastructure. It’s meeting the surging demand from crypto, AI, and enterprise IT while staying aligned with ESG best practices.
Bitzero’s Data Centers
Finland (City of Kokemäki): The Future of Green Compute at Scale
Bitzero’s newest site sits on nearly 1 million square meters. The location benefits from a diversified energy mix comprised of hydro and nuclear with solar and wind support. It offers 10MW with plans to scale to a massive 800MW. Once fully operational, this site alone would increase Bitzero’s total capacity to over 1GW.
North Dakota (Nekoma Site): Scalable Power in America’s Heartland
Located at the Nekoma pyramid site, Bitzero’s North Dakota facility is powered by a diversified energy mix, combining access to traditional grid infrastructure with future potential for renewables. With 2.5MW available and 30MW prepped for deployment, the 184-acre site offers up to 300MW of total capacity. This site’s enhanced security and U.S. positioning make it suitable for hyperscale compute and sensitive data storage.
Norway: High-Efficiency Mining Powered by Hydro
Bitzero operates two facilities in Norway, both located in a region known for efficient and renewable energy sources.
- Namsskogan (Norway 1): A 100% hydro-powered flagship facility running 40MW of mining capacity across 14,000 miners, with a 1.5 EH/s hash rate. Expansion to 110MW is underway.
- Røyrvik (Norway 2): A leased site with 5MW of capacity and room to grow, offering operational synergy through shared infrastructure and cold-climate optimization.
“I invested in Bitzero because they’re setting a new standard for how data centers should operate in the blockchain and AI era,” said Kevin O’Leary. “They’re building the kind of data infrastructure we need more of clean, secure, and built for serious scale.”
Source: Bitzero
About Bitzero
Bitzero Blockchain Inc. is a data center operator focused on energy-efficient infrastructure for high-performance computing and Bitcoin mining. Headquartered in Norway with operations in North Dakota, the company uses renewable and low-carbon energy sources, including hydropower, wind, and natural gas, to reduce the environmental impact of its facilities. One of its strategies involves capturing and repurposing waste heat, such as using it to warm greenhouses in colder regions. Bitzero serves industries that require intensive computing resources, particularly cryptocurrency mining and enterprise data processing. The company is expanding its footprint with an emphasis on clean energy use and thermal management. Its operations reflect an effort to balance computational demand with energy and environmental considerations in digital infrastructure.