Toolitech careers

TooliTech is a technology vanguard specializing in innovative, sustainable industrial-scale cryptocurrency mining. The strategy of our private, Canadian-based company is to establish a world-class technology hub, initially centered around cryptocurrency mining, followed by a data centre capable of advanced data-analytics and Artificial Intelligence (AI) processing.

As of Q4 2021, Toolitech has secured a large brown-fields industrial site with access to renewable hydro and solar power at globally competitive rates, secured large bandwidth fiber connectivity, completed renovation on the R&D lab and office with the main server room in progress, initiated first steps for a major substation expansion with the local utility provider, and began initial mining operations.

Additionally, Toolitech has strong support of the local community and first nations, with plans to engage with the local college to establish local training programs.

TooliTech has positioned itself for an aggressive, yet stable and achievable, multi-phase growth cycle, including Phase-2 and Phase-3 facility expansions, followed by an IPO on a major North American stock market.

TooliTech will continually perform proto-type tests on new hardware as it becomes available and make changes in its hardware components when appropriate.

TooliTech’s Phase-2 expansion will involve growing operations into a second server room, which will increase server room capacity by approximately 200%. Phase-2 will initiate once Toolitech’s current prototype testing, hardware expansion, and first server room setup are complete. Due to its increased scale, the phase-2 expansion will include investments in utility and power infrastructure, as well as additional rack space and servers.

Phase-3, a larger-scale expansion, will include a potential increase of between 20,000 sf and 40,000 sf in server room capacity; however, exact figures depend on planned engineering and utility assessments.