Mining Space · Magadan Region

Data center
“Magadan”

A first-phase mining facility designed around the region’s isolated hydropower system, cold climate, and end-to-end on-site operations.

ASIC hosting, turnkey mining projects, and investment routes on one industrial site.
150MW
design capacity
RUB 5per kWh
including VAT
98%target
uptime
Q12027
planned commissioning

Four participation routes on one site

Host equipment, build a mining business, or discuss an investment route.

Conditions for efficient mining

Electricity rate, climate, import treatment, and on-site service directly affect project economics.

5 per kWh · including VAT

Base electricity rate: RUB 5/kWh

The starting rate used for project calculations and capacity reservation.

98%target uptime

98% target uptime

Monitoring, an on-site technical team, and a repair center support equipment availability.

up to 22%CAPEX saving*

Up to 22% saving on new ASICs

SEZ participation may reduce import CAPEX through customs and tax relief.

−2.3 °Cannual average

Cold climate reduces heat load

Low average temperatures reduce cooling demand and thermal stress on ASICs.

* The potential saving of up to 22% depends on participant status, shipment structure, and the applicability of the SEZ regime to the transaction.

Hydropower connected through the Orotukan 220 kV substation

The Kolyma and Ust-Srednekan hydropower plants form the project’s renewable power base and supply the 220 kV Orotukan substation. Power then reaches the site and is distributed to the computing modules.

Kolyma HPP
Kolyma HPP900 MW · upper stage of the cascade
Ust-Srednekan HPP
Ust-Srednekan HPP570 MW · lower stage of the cascade
Hydropower generationPower transmissionSHA‑256 computingCategory III · based on project data

Magadan data-center infrastructure

The first phase combines 9 mining halls, 36 water-cooling-ready containers, 37 transformer substations, and an on-site repair and operations center.

Functional zones of the Magadan data-center infrastructure
  • Air-cooled mining halls
  • Containers for water-cooled ASICs
  • Repair and service center
  • Administration and staff facilities

9 halls and 36 containers

Each hall is designed for 12.5 MW of air-cooled load; each 1 MW container can support water-cooled ASIC configurations.

On-site warranty repair and service

Service is provided by technicians trained to work with leading ASIC manufacturers.

37 transformer substations, 35/0.4 kV

On-site power distribution for data-center buildings and computing load.

Administration, accommodation, and canteen

Facilities support 24/7 technical operations and on-site staff accommodation.

Technical profile

Core specifications for the facility, power supply, and operations.

Design capacity
150 MW
Site area
20 ha
Planned commissioning
Q1 2027
Target uptime
98%
01

Scale

150MWDesign capacity
Site area
20 ha
Planned commissioning
Q1 2027
Purpose
industrial Bitcoin mining
02

Power

  1. Generation2 hydropower plants
  2. Grid nodeOrotukan 220/35 kV substation
  3. Distribution35 / 0.4 kV
External supply
independent 220 kV transmission lines
Reliability category
Category III, based on project data
03

Operations

Cooling
air and liquid cooling
Technical team
24/7 with on-site staff accommodation
Repair
on-site warranty repair and service
Security
24/7 armed security
Target uptime98%

Documented stages and current site work

Aerial footage, structural installation, equipment delivery, and works at the Orotukan substation document the current project stage.

Construction progress · August 2026Construction and installation work on site
Overview of the Magadan data-center construction site
01

Design stage complete

Design and working documentation, expert review, and construction permit.

Steel-frame installation at the Magadan data center
02

Power supply agreed

External power scheme and connection route through the Orotukan substation.

35/0.4 kV transformers delivered to the Magadan site
03

Regional framework

Tripartite project agreement and project-company participation in the Magadan SEZ.

Works at the 220 kV Orotukan substation
04

Construction underway

Active site work with equipment and materials delivered for construction and installation.

The project has passed key milestones

Q1 2027planned data-center commissioning
  1. 01

    Design and permits

    The full design and working-documentation package is complete. The project has passed expert review and received a construction permit.

  2. 02

    Power connection

    The external power-supply scheme is agreed, and the Magadan data center is being connected to the 220 kV Orotukan substation.

  3. 03

    Regional support

    A tripartite agreement has been signed with the Government of the Magadan Region and the project’s power partner.

  4. 04

    Preferential regimes

    A project company has been established as a participant in the Magadan Special Economic Zone; the Advanced Development Territory procedure is in progress.

  5. 05

    Construction

    Buildings and infrastructure are under active construction. Core process equipment and construction materials have been delivered to the site.

Project documents

After NDA, investors receive access to technical, legal, and financial materials in the Data Room.

Investment brief

Project questions

When can equipment be connected?+

Planned commissioning is Q1 2027. The connection schedule for each shipment is confirmed when capacity is reserved.

What is included in the base electricity rate?+

The hosting scope, service package, and SLA are confirmed for the fleet size, ASIC model, and cooling method.

Can Mining Space source and commission ASICs?+

Yes. The turnkey scope includes ASIC selection and supply, installation, connection, monitoring, maintenance, and repair.

How can an investor receive project materials?+

Controlled technical, legal, and financial materials are provided to qualified partners after NDA.

Discuss capacity or project participation

Tell us whether you need hosting, a turnkey fleet, a fund route, or direct project participation.

RUB 5/kWh including VAT98% target uptime150 MW design capacity
+7 (985) 035-18-89
A manager will verify the equipment, available capacity, rate, and connection timing and contact you.