jain.com

Quebec

Project of Marathon Digital

Kind
mining
Location
Quebec, Canada
State/region
QC
Country
CA
Status
cancelled as of March 9, 2022

Where it stands

Marathon assumed a five-year lease on a 26,700 sq ft building in Quebec in February 2018 and began bitcoin mining there in March 2018. It recorded impairments on the mining equipment in 2018 and on the leasehold improvements in 2019. On March 7, 2021 it terminated the lease and was fully released from its obligations, so the site is no longer operated. The passages never state an MW capacity. The separate GBV/Hypertec-hosted servers in a Quebec datacenter (P1-P3) appear to be a different facility and are not counted here.

PhaseMWStatusDateSource
Leased 26,700 sq ft mining building (9349-0001 Quebec Inc. lease)cancelled2021-03-07The Company entered into a termination agreement with the Lessor to agree to terminate the lease as of March 7, 2021.
2022-03-09 View cached copy (2026-09-13)Live source ↗

Assessed November 1, 2026 from the newest filings, releases and reporting that name this project (newest relied on: March 9, 2022).

Claims about this project

2019-06-02 - stated
Quebec mining facility size 26700.0 square feet.
2019-06-02 - abandoned
Quebec mining facility lease term. Promised by 2022-11-30.