Terawulf data center project announced for Boyd County, Kentucky
Maryland-based Terawulf plans to build the Muskie Data Campus, a $4 billion data center, in Boyd County, Kentucky. The project, located in the EastPark Industrial Center, is expected to create hundreds of construction jobs and 300 long-term positions. Local officials project a significant annual tax revenue boost for the Boyd County School System and other counties involved.
Maryland-based Terawulf has announced plans to construct a new data center, named the Muskie Data Campus, within the EastPark Industrial Center in Boyd County, Kentucky. This project involves a $4 billion investment and is anticipated to become one of Eastern Kentucky's largest construction endeavors, commencing next year with completion expected around 2030.
Local officials are highlighting the significant economic benefits of the project. Boyd County Judge-Executive Eric Chaney stated that the data center is projected to generate between $5-6 million annually in tax revenue for the Boyd County School System alone, with all five counties participating in the EastPark Industrial Center also expected to see increased tax revenue. This revenue is intended to support investments in new programs and future projects for students.
Negotiations for the data center have spanned nearly two years, involving both state and local leaders. A spokesperson for Governor Andy Beshear's office confirmed that Terawulf has committed to covering its own power costs to mitigate impacts on ratepayers and the environment. The company has also agreed to pay substantial local and school taxes and to create both short-term construction jobs and approximately 300 long-term positions for Kentuckians. While many are optimistic, some residents, like Natasha Kinnan, expressed a desire to see more data and research regarding the project's actual implications.