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The former Bitcoin mining site in west Texas is being converted into an AI data center campus projected to generate over $1 billion in average annual revenue
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Galaxy Digital has officially delivered the first phase of power capacity at its Helios data center in West Texas to CoreWeave, marking a concrete milestone in what might be the most dramatic corporate pivot in crypto history. The delivery covers approximately 200 MW of gross power, including 133 MW designated for critical IT loads, under a 15-year lease agreement.
The Helios campus sits on 160 acres in Dickens County, Texas. Galaxy Digital acquired it from Argo Blockchain back in December 2022 for approximately $65 million. At the time, it was a Bitcoin mining operation. Now it’s being rebuilt as a high-performance computing facility optimized for artificial intelligence workloads.
