TeraWulf Acquires 1+ GW Eastern Kentucky HPC Campus to Expand AI Infrastructure
The project could deliver 500 megawatts in 2028 and another 500 megawatts by 2030, as power access becomes a key AI bottleneck.
- On Tuesday, TeraWulf surged 13% as the bitcoin mining company unveiled plans for a new large-scale AI and high-performance computing campus in Kentucky, acquiring a hyperscale development site capable of supporting more than 1 gigawatt of infrastructure.
- Power infrastructure constraints have become the defining bottleneck in AI development, as company leaders said access to electricity and transmission is now the biggest limiting factor for large computing projects.
- The Muskie Data Campus spans about 1,000 acres at Eastpark Industrial Park with roughly 285 acres controlled for hyperscale development, featuring a 345-kilovolt substation connecting to the 765-kilovolt transmission network. Initial 500 megawatts ramp in the second half of 2028, with another 500 megawatts targeted for 2030.
- TeraWulf is pitching the campus as a shovel-ready site that could bring construction activity, long-term skilled jobs, and new investment to the region. The Kentucky project underscores how access to electricity and transmission infrastructure has become one of the key battlegrounds in the AI boom.
- Memory chipmaker Micron jumped 15% to fresh record highs above $870 as global investment bank UBS lifted its target to $1,625 citing strong AI demand, while Hut 8 climbed 7% and Keel Infrastructure rose 6.5% amid broader AI-linked stock strength.
15 Articles
15 Articles
TeraWulf acquires 1+ GW Eastern Kentucky HPC campus to expand AI infrastructure
TeraWulf Inc. has acquired a hyperscale high-performance computing development site in eastern Kentucky, expanding its portfolio of large-scale digital infrastructure campuses.According to a press release, the new site, called the Muskie Data Campus, is expected to support more than 1 gigawatt of data center capacity over time. TeraWulf acquired the campus from Industrial Equity Partners.Delivery of the initial 500 megawatts is expected to ramp …
TeraWulf Buys Kentucky Site Targeting 1 GW AI Data Center Capacity by 2030
TeraWulf just grabbed a site in Kentucky. The Bitcoin mining company wants to build a full-scale AI data center there… Read the original on TeraWulf Buys Kentucky Site Targeting 1 GW AI Data Center Capacity by 2030. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
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