Hash Rate Services
Business Description
Quarry Dynamics Inc. is a Canadian-headquartered bitcoin mining operations and hosting company that launched its first U.S. facility in Americus, Sumter County, Georgia in January 2022.
Quarry Dynamics hosts and self-mines Bitcoin through its U.S. subsidiary QDI (USA) Inc., incorporated in November 2021, at a 40,500-square-foot facility on Brady Road in Sumter County capable of delivering up to 19 megawatts of power. The company selected Americus-Sumter County in coordination with Select Sumter, the county's development authority, based on access to competitively priced electricity from renewable generation sources. The facility opening was projected to represent approximately $10 million in investment and create 16 to 20 direct jobs in the region.
In August 2021, ahead of the Georgia facility opening, Quarry Dynamics announced its initial hardware acquisition: an ASIC fleet producing 1,000 terahashes per second (TH/s), with management projecting approximately $123,019 per month in self-mining revenue from that fleet. By November 2021, the company disclosed plans to negotiate a second site targeting an additional 100 megawatts of capacity, with the intent to deploy up to 18,000 next-generation ASIC miners, which would bring the combined power footprint to 119 MW.
Quarry Dynamics offers third-party bitcoin mining hosting through QDI (USA) Inc., providing clients with customized colocation plans that include hardware sourcing, miner setup, and 24/7 on-site supervision. The company cites ambient air cooling and high-capacity fiber optic infrastructure as central to its uptime offering for both institutional and retail hosting clients.
Through a second subsidiary, QD MINE INC, Quarry Dynamics launched a tokenized investment vehicle called QDMINE, a profit-participation security token issued via Stobox's DS Dashboard platform. The QDMINE offering allocates 500 dedicated ASICs exclusively to token holders and distributes 75% of net annual mining profit in Bitcoin to investors at fiscal year-end. The offering is restricted to accredited investors in the United States and Canada, carries a 12-month lockup period under applicable securities regulations, and was structured for peer-to-peer secondary trading thereafter.
On-site operations at the Georgia facility are managed by Micah Whittaker, Mining & Facility Supervisor, who holds an ASIC Miner Repair Technician Certification and is pursuing Bitcoin Certified Professional designation. The broader U.S. operations team includes Tracey Demarest as Director of Operations (US) and Michelle Stephenson as Operations Advisor. Quarry Dynamics continues to pursue additional sites where surplus renewable generation creates competitive power pricing, with the 100 MW secondary location as its stated next capacity milestone.