Galaxy Digital’s Helios campus in Dickens County, West Texas, has officially gone live as an AI and high-performance computing facility, with Phase I now operational and Phase II construction already underway. The expansion will add 260 MW of critical IT load capacity, with data halls expected to open in the first half of 2027.
The Helios campus, originally developed by Argo Blockchain in 2022, has been fully retrofitted to serve AI workloads. Galaxy Digital acquired the infrastructure and converted what was a purpose-built energy facility from cryptocurrency mining to AI compute.
From pickaxes to GPUs
Phase I of the Helios campus became operational in the second quarter of 2026, delivering approximately 133 MW of critical IT load to its anchor tenant, CoreWeave. The facility draws on roughly 200 MW of gross power, with the difference between gross and critical load going to cooling, networking, and other infrastructure overhead.
CoreWeave locked in a 15-year lease for the space, with rental payments that began in Q2 2026.
