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Gryphon Digital Mining, Inc. (Nasdaq:GRYP), a bitcoin and AI company, has agreed to acquire natural gas assets in Northeast British Columbia, Canada, from Erikson National Energy Inc., currently in insolvency. The site’s abundant natural gas makes it ideal for mining, with expected energy costs below $0.03 per KWH once developed.
Gryphon Digital Mining aims to establish itself as a prominent leader in the Bitcoin mining industry. The company's core vision extends beyond simple mining operations. Gryphon is dedicated to developing its own renewable, off-grid energy sources, striving for economic viability in its sustainable approach.
May 29, 2025
British Columbia
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