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Article

Terrahex secures its first batch of Bitcoin mining machines to build a 9MW computing facility in Nigeria.

Business Post Sep 15, 2026

TL;DR

Terrahex has secured its initial fleet of ASICs, which are undergoing testing and certification in Florida before being shipped to southern Nigeria.

The company plans to launch its first 9MW modular computing facility in December 2026, utilizing existing power infrastructure.

Intelligence

Terrahex aims to scale its capacity to over 100MW within the next 24 months, starting with Bitcoin mining before expanding into AI computing.

Terrahex's modular approach signals a shift toward utilizing existing local power resources to kickstart high-performance computing in Nigeria without waiting for massive grid expansions.

This model could create new colocation partnerships and revenue streams for local energy producers looking to monetize stranded power.

However, the long-term success of this deployment will rely heavily on whether the customized hardware containers can withstand harsh environmental factors like Harmattan dust and high humidity.

Funding extracted from this article

0

No funding rounds were extracted from this article.

Regulatory activity extracted

0

No regulatory actions were extracted from this article.

Tenders extracted

0

No tenders were extracted from this article.

Companies named

4

People named

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