Three sites. One operation.
We split the production layer (Paraguay) from the control and custody layer (Switzerland). It costs more to operate this way, but it means a regional outage never compromises both at once.
Paraguay-1 (Hernandarias)
Primary mining facility
- Energy mix
- 100% hydroelectric (Itaipú grid)
- Total capacity
- 82 MW
- Racks deployed
- 1,240
- PUE
- 1.07
- Online since
- Q3 2022
Paraguay-2 (Ciudad del Este)
Expansion + redundancy site
- Energy mix
- 100% hydroelectric (Itaipú grid)
- Total capacity
- 44 MW
- Racks deployed
- 680
- PUE
- 1.09
- Online since
- Q1 2024
Zurich (HQ + colo)
Custody, settlement, control plane
- Energy mix
- Mixed: hydro + nuclear (Swiss grid)
- Total capacity
- 1.2 MW
- Racks deployed
- 18
- PUE
- 1.21
- Online since
- Q2 2021
Direct grid connection
Substation feeders straight from Itaipú - no retail markup, no last-mile losses.
Adiabatic cooling
Evaporative + free-air cooling cuts cooling overhead by ~70% vs. traditional CRAH.
Density-first design
23 kW per rack, with hot-aisle containment and dynamic airflow control.