%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Cryptoprowl / AVAX One (NASDAQ: $AVX ) said Thursday it is advancing development of its 10 MW Tier 3-ready AI/HPC powered land site in Alberta, confirming that the project will use a fully behind-the-meter natural gas power generation model rather than relying on traditional grid interconnection. The site remains on schedule for end-client deployment readiness in Q1 2027, with BlueFlare Energy Solutions engaged as infrastructure development partner. The strategy is built around a problem now facing much of the AI infrastructure market: power access is becoming as important as chips, land or customer demand. AVAX One said North American grid interconnection queues now exceed 2,400 gigawatts, while approval timelines for large AI and HPC loads can run 24 to 60 months in many jurisdictions. By generating power on site, the company is trying to shorten that timeline and give potential customers a clearer path to energized compute capacity. BlueFlare is now selecting the owner’s engineer representative for the Alberta site, a step AVAX One said moves the project from the letter-of-intent stage into formal technical execution. CEO Jolie Kahn said BlueFlare brings the natural gas expertise and field relationships needed to commission behind-the-meter power at the speed the market requires, calling the owner’s engineer selection the next concrete step in the process. AVAX One is also evaluating additional Western Canada sites ranging from 5 MW to more than 50 MW each, while holding discussions with HPC operators, colocation providers and institutional capital partners. The company said it had about $27 million in cash as of March 31, giving it more than three years of operating runway without selling digital assets. The Alberta update keeps AVAX One positioned between two markets that are increasingly overlapping: digital assets and compute infrastructure. The company still mines bitcoin (CRYPTO: $BTC ) in Alberta and Ohio and maintains an Avalanche (CRYPTO: $AVAX ) treasury, but the latest site work points to a broader effort to turn energy-controlled land into a business line tied to AI and high-performance computing demand. AVAX One Technology Ltd. (NASDAQ: AVX) stock is currently trading at $0.47 U.S. per share.