West Data Group has officially released a teaser to attract potential investors for its expanding data center operations. With over 15 years of experience in Ethiopia, the company is a leader in deploying and maintaining Application Specific Integrated Circuits (ASICs) for Bitcoin mining using the SHA-256 proof-of-work protocol.

In addition to crypto data services, West Data Group provides cutting-edge AI data processing through custom-designed hardware and plans to expand to 300 MW of renewable energy-powered infrastructure.

West Data Group’s 30 MW data center, located in Ethiopia, utilizes the country’s abundant renewable energy resources.

The current operation generates over USD 15 million annually from 10,000 deployed miners. With plans to expand to 130 MW, and eventually 300 MW, the company aims to become a global leader in Bitcoin mining and AI data processing .

As of September 2024, West Data has developed 30 MW of its planned 130 MW capacity. A Power Purchase Agreement (PPA) with Ethiopian Electric Power (EEP) ensures steady electricity supply, enabling the company to pursue large-scale development in the region. Investors can explore opportunities for equity, debt financing, or hosting partnerships as part of West Data’s strategic growth .

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