Mining hosting provider Revolve Labs plans to build $60 million AI data center in Minnesota
according to TheMinerMag, Bitcoin mining hosting provider Revolve Labs plans to establish an artificial intelligence data center in central Minnesota. They had previously withdrawn their mining expansion proposal due to community opposition. In September, Revolve Labs held a meeting with the Glenko Economic Development Bureau to expand their facilities in the city to accommodate one to two artificial intelligence data centers, cooling systems and backup generators. The project is expected to have a capacity of 10 megawatts, employ about 10 employees, and cost between $40 million and $60 million. As part of the Revolve Labs proposal, they plan to purchase two plots of land totaling 6.2 acres and build a substation for expansion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC Commissioner Slams Ripple Settlement as Legal Battle Nears End
A senior U.S. Securities and Exchange Commission (SEC) official has criticized a proposed settlement between the agency and Ripple Labs, potentially marking the final chapter of a years-long legal dispute over the XRP token.

Zerebro Developer Reported Alive Days After Alleged On-Camera Suicide
The mysterious case of Zerebro’s 22-year-old developer, who appeared to shoot himself during a livestream on May 4, took a dramatic turn after he was reportedly seen alive outside his family home in San Francisco.

AI DApps Surge in Activity, Poised to Rival Gaming and DeFi in Web3 Dominance
Artificial Intelligence-powered decentralized applications (DApps) are rapidly gaining ground in the Web3 ecosystem. They may soon challenge the dominance of Gaming and Decentralized Finance (DeFi), according to fresh insights from blockchain analytics firm DappRadar.

Bitcoin ETF Inflows Surge to Record $40.62 Billion

Trending news
MoreCrypto prices
More








