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DMG Blockchain Solutions Provides Update on its Christina Lake AI Data Center Conversion
DMG said it is seeking a definitive agreement for 50 megawatts of AI colocation services and is exploring capacity above that level.
On Tuesday, DMG Blockchain Solutions Inc. updated progress on converting its Christina Lake, British Columbia facility into an AI data center, advancing toward a definitive agreement for 50 megawatts of critical IT load colocation services.
The Christina Lake substation, DMG-owned, supports 75 megawatts of total power comprising 60 megawatts of non-firm and 15 megawatts of firm power, providing infrastructure necessary for the planned AI facility conversion.
DMG contracted two telecom providers for two diverse paths of 100 Gbps fiber to the facility, with plans to potentially upgrade these lines to 400 Gbps in the future.
CEO Sheldon Bennett is presenting at the Wainwright Global Investment Conference in New York City this week, where management outlined a realistic 2027 energization schedule for tenant servers.
Management is exploring options to expand beyond 50 megawatts through transformer twinning and leveraging climate conditions, with DMG having applied for up to 150 megawatts of firm power to support future growth.