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United Dogecoin, a Shuttle Pharma subsidiary, will evaluate behind‑the‑meter power assets in Idaho and Alberta to cut mining costs and target AI workloads
United Dogecoin, the newly merged Dogecoin miner owned by Shuttle Pharmaceutical, announced it will assess behind‑the‑meter power generation sites in Idaho, USA, and Alberta, Canada, as part of a strategy to lower electricity costs and open a future AI‑hosting business [1].
| At a glance | |
|---|---|
| New rigs | Up to 3,000 AlphaPex DG1+ miners |
| Power cost | $0.064 per kWh hydroelectric |
| Timeline | First miners online in ~60 days |
| Catalyst | Merger with Shuttle Pharma and $11 M PE investment |
The company secured a hosted site where the initial AlphaPex DG1+ miners will be installed, with the units expected to become operational within roughly 60 days [1]. The merger between Nasdaq‑listed Shuttle Pharmaceutical and United Dogecoin, completed in May, brought an $11 million private investment in public equity and made United the largest public Dogecoin miner by hash rate [2]. United plans to acquire up to 3,000 additional rigs, marking its first large‑scale mining operation.
United is evaluating the acquisition of behind‑the‑meter generation assets in Idaho and Alberta, citing competitive electricity markets, low‑cost natural gas, abundant renewable resources, and supportive regulatory frameworks [1][4]. The Idaho site offers hydroelectric power at $0.064 per kilowatt‑hour, a rate the company hopes to lock in for its mining and future high‑performance computing (HPC) workloads [1]. By owning both power and data‑center facilities, United aims to improve operating economics, increase strategic flexibility, and eventually host third‑party AI customers alongside its mining equipment [1][2].
United’s leadership, including co‑CEO Ryan Trasolini—who previously helped found US Bitcoin Corp—frames the venture as a “durable digital infrastructure platform” rather than a pure mining operation [1]. The firm sees rising demand for AI and HPC infrastructure as a potential revenue stream, planning to offer proprietary facilities to external AI workloads once the data‑center assets are in place [2][4].
United Dogecoin’s move to control its own power supply and data‑center footprint could set a template for other crypto miners seeking cost stability and diversified revenue, but the success of its AI‑hosting ambition will hinge on securing the behind‑the‑meter assets and attracting non‑mining customers.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Jun 29, 2026 · How we report
United Dogecoin Inc. is currently deploying 3,000 new mining rigs and is evaluating the development of proprietary data centers to host its own equipment alongside AI and high-performance computing applications.
Dogecoin recorded one of the steepest weekly losses among major cryptocurrencies, falling nearly 10%, while other assets like Bitcoin, Ether, and XRP also saw declines.
Price movement is influenced by macroeconomic pressures such as high interest rates, a strong US dollar, and a rotation of investor capital into the broader stock market rather than digital assets.