Cryptomining firm Bitfarms is set to demolish a former Bitcoin mining facility in Washington state in order to redevelop it into an HPC/AI data center.

The Toronto-based company secured permission from the city of Moses Lake on January 20, according to a city planning document, having previously announced the project last November.

The revamped facility is expected to be completed by December 2026, adding to the region’s growing number of data centers that are making use of Washington's cooler climate and relatively low-cost power.

In a public hearing on January 28, the city of Moses Lake revealed the proposed Bitfarms data center will be located on six acres that will include a Tier III building of up to 100,000 square feet (9,290 sqm) and office space.

“We continue executing on our HPC/AI infrastructure development strategy with a fully funded supply chain and plan to convert our Washington site to support Nvidia GB300s with state-of-the-art liquid cooling,” Bitfarms CEO Ben Gagnon said when the project was first announced.

“While our focus is on developing infrastructure to support Nvidia’s next generation of Vera Rubin GPUs across most of our portfolio, with nearly a billion dollars in cash, unused credit facilities, and Bitcoin, and numerous potential GPU financing options available, we believe there are compelling reasons to consider pursuing a GPU-as-a-Service or cloud monetization strategy specifically at Washington.”

Launched in 2017, Bitfarms currently has more than a dozen Bitcoin mining data centers operating across the United States, Canada, and Argentina. It recently sold another site in Paraguay to HIVE Digital, and is pivoting towards developing AI and HPC data centers in the US.

The pivot comes after Bitfarms reported a net loss of $46 million in its latest third-quarter earnings, with Gagnon saying at the time that AI infrastructure offered a far greater return than cryptomining.

“Despite being less than one percent of our total developable portfolio, we believe that the conversion of just our Washington site to GPU-as-a-Service could potentially produce more net operating income than we have ever generated through Bitcoin mining,” he said.

Further updates on the project are expected during Bitfarm’s Q4 2025 earnings call in March.