Axp and bitfufu partner in power generation

Successful completion of 14-day gas-to-power trial at pathfinder production hub delivers ~1.5 mw/hour of electricity to power two bitcoin mining containers; the 14-day trial delivered ~85% system uptime and, since the end of the trial, the system has achieved greater than 90% uptime; axp has secured the support of nasdaq-listed bitcoin miner bitfufu, inc. (nasdaq: fufu, fufu.ws) for the next phase of expansion at pathfinder; bitfufu will supply additional asic miners and other equipment to support the next phase of expansion, with axp focused on delivering gas-to-power and site services; all parties are now committed to establishing power generation output of 25mw/hour by the end of cy2025 for a significant scale up of bitcoin mining operations, powered by pathfinder's ~750 bcf of contingent gas resources; the parties are now assessing further expansion opportunities. florence, co / access newswire / march 18, 2025 / axp energy limited (asx:axp)(otc pink:aunxf), (‘axp', ‘company') is pleased to report the successful completion of the initial trial of gas-to-power operations at the pathfinder production hub in colorado (announced 6 february 2025) that saw the company deliver 1.5 mw/hour of electricity over 14 days at 85% uptime to support successful bitcoin mining activities.
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