Proposed Moose Lake crypto mining facility draws questions

Proposed Moose Lake crypto mining facility draws questions

MOOSE LAKE — A cryptocurrency mining facility proposed in Moose Lake would generate new revenues for the city and the city-owned power company. But residents have concerns, chief among them the constant hum of fans. Jeff St. Onge, senior operations manager for Revolve Labs, pledged Tuesday, Jan. 20, his company’s computing complex on 2 acres next to the municipal power station off Highway 73 “will be a minimally impactful operation.” But at a pu…

Moose Lake weighs bitcoin

An informational meeting about a proposed cryptocurrency mining facility in Moose Lake drew nearly 70 curious and concerned citizens to the Soo Line Event Center Tuesday night. They faced a long line of officials who sat across the front of the room, including the entire Moose Lake Power (M.L.P.) board, city staff and two representatives of Revolve Labs, the company planning to build the proposed...