By Dave Branco

Local Bitcoin mining

Bitcoin Mining factory thrives quietly on Prince George outskirts, employs local talent

Aug 1, 2023 | 3:58 PM

PRINCE GEORGE – A newly built factory sits quietly on the outskirts of downtown. It is hard to notice as it generates no smoke. Early last year, a Bitcoin mining factory opened, employing over twenty people, 90 per cent of whom are longtime residents.

On the other side of this fence are thousands of computers processing a complex math puzzle to create a virtual currency. This facility is one of three data centres for Iris Energy in the province.

“ We’re Bitcoin miners. We have three buildings behind us. We use 50 megawatts worth of renewable energy hydroelectricity, and we’re based in the beautiful Prince George.”

Glenn Harrison

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VP Operations Canada, Iris Energy

Bitcoin mining relies on a software protocol. The Prince George facility operates over 16 thousand computers to mine for virtual currency.

According to Iris Energy, Prince George was a perfect fit when looking to build a Bitcoin factory.

This industry didn’t exist five years ago. Iris Energy found that the region has local talent with a diverse skill set to fill positions such as Miner Technicians.

“ I started in construction, logistics and admin, and once we moved into operation, I was offered the operations manager position.”

Roxy Yorke

Operations Manager Prince George, Iris Energy

Iris Energy has Bitcoin mine operations in Mackenzie and Canal Flats.

As the Bitcoin industry continues to grow, there are plans to expand the facility in Prince George.

Email: Dave.Branco@pattisonmedia.com

TikTok: @DaveBrancoVJ