Powering Digital Infrastructure with Stranded Energy
Terrahash, a clean-energy bitcoin mining enterprise, has rebranded to TerraHex Digital Assets Corp. ahead of its proof-of-concept deployment in preparation for Bitcoin 2026. Founded in 2025 by OluMayowa Ogunnusi, TerraHex is building structurally low-cost compute infrastructure on stranded power assets in frontier energy markets.
A Unique Operating Model
TerraHex operates through Power-for-Equity joint ventures with local energy partners, deploying modular containerized capacity alongside underutilized generation. This creates dual revenue streams: bitcoin mining and AI compute for enterprise workloads like inference, fine-tuning, and batch training.
The new name reflects this broader ambition - in both Bitcoin (where every transaction uses hexadecimal) and modern computing systems.
Expanding Across Africa
TerraHex has agreed heads of terms with Shoreline Power to develop a joint venture at Afisiere, OML 30, Delta State, Nigeria. This will provide the foundation for their proof-of-concept node, initially securing 18 MW of power capacity with potential for significant expansion.
“TerraHex reflects the scale and direction of what we’re building,” said CEO OluMayowa Ogunnusi. “We’re putting the right partnerships in place to create long-term value from underutilized energy assets.”
Experienced Board Oversight
To support this growth, TerraHex has assembled a board with expertise across energy, finance, law, and digital assets, including:
- Olumayowa Ogunnusi (Director, Oil & Gas Executive)
- Patrick J. Sweeney (Director, Data Centre Specialist)
- David Saab (Independent Director, former JP Morgan MD)
- Emily Chang (Director, Global Commercial Leader)
- Dayo Okusami (Director, Partner at TEMPLARS)
- Ali Safieddine (Director, Energy & Finance Executive)
- Odunoluwa Longe (Director, Venture Law Attorney, TLP Advisory)