Summary
A Colorado–based mining company, Revolve Labs is planning to build a $60 million data center in Glencoe, Minnesota. This facility aims to boost bitcoin production and processing capacity, address noise concerns and support local blockchain ecosystem.
Plans for a New Data Center
Colorado-based Revolve Labs is planning to establish $60 million data center in Glencoe, Minnesota. This project will have various features including AI data centers, cooling system, backup generator and lower noise concerns.
Project Scope and Employment
The proposed facility is in early planning stages and will cost between $40 million and $60 million. It is expected to create 10 jobs and sit on a 6.2-acre site, also housing a new power substation.
Noise Concerns from Bitcoin Mining
Locals have raised an issue about possible noise pollution from mining, with reports of equipment noise reaching upto 85 decibels. This is not new for Revolve Labs as it has already faced similar complaints in other locations.
Economic Impact on Glencoe
Despite the noise issues, Revolve Labs’ operations have brought in $500,000 in net annual revenue, supporting local infrastructure projects and keeping electrical rates steady for residents.