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Crypto Mining Company Withdraws Moose Lake Proposal

Revolve Labs withdrew its application after public hearings revealed concerns about noise and environmental impacts despite potential city revenue, officials said.

MOOSE LAKE — The company that was proposing to develop a cryptocurrency mining facility in Moose Lake has withdrawn its application. Moose Lake City Administrator Ellissa Owens informed the City Council on March 11 that Revolve Labs had withdrawn its conditional use permit application. The council in turn voted to withdraw the application from Planning Commission review. Revolve Labs had proposed to build a modular computing complex on 2 acres n…

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Pine Journal broke the news in on Wednesday, March 11, 2026.
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