A crypto data center provider says it is planning to spend $100 million building a 200MW facility in the US state of Oklahoma.
Polaris Technology is constructing the Bitcoin mining facility on a 42-acre site at the John T. Griffin Industrial Park, Port Muskogee, south of Tulsa.
“This facility is a testament to our commitment to advancing mining operations within crypto technology. Muskogee provides the ideal environment for a project of this scale because of its reliable power,” said Alex Zhang, CEO of Polaris Technologies.
“We look forward to contributing to the growth of the local economy and the crypto industry.”
The company hopes the data center’s capacity can eventually be extended to 400MW. Port Muskogee recently installed a new 1,000MW electricity substation nearby.
“We are proud to welcome this data center to Muskogee as our city positions itself as a prime destination for tech companies,” said Kimbra Scott, executive director at Port Muskogee.
“We are grateful for Polaris’s investment and look forward to how they’ll foster talent, innovation and contribute to Muskogee’s economic success.”
Though Polaris claims to be a “leading Bitcoin mining data center company”, its website says the Muskogee build, known as Project Bifrost, will be its first large-scale project in the US.
It is set to create 20 jobs across facilities support, systems administration, data center technicians, and additional support services.
Construction work on the site has already begun, but timescales for completion have been released.
Muskogee mayor Marlon Coleman added: “Polaris Technologies’ investment aligns with our vision to become a hub for high-tech, living wage jobs.
“This is a huge win for a community our size and puts us lightyears ahead to be a complete live, work, and play community.”
Oklahoma is a relatively small data center market, with nine facilities across the state according to datacenters.com.
DCD reported in December that colocation provider Tonaquint Data Centers had acquired EdgeX Data Centers, in the process taking over an 8MW facility in Oklahoma City.
