LN Energy 8
A new cryptocurrency mining data center officially opened in Cuthbert, Randolph County, South Georgia, as of September 25, 2025. The facility is operated by an affiliate known as LN Energy 8 LLC (project manager Hao Chen mentioned in reports). It is located in Cuthbert's industrial park on less than one acre off Broad Street, with an investment of approximately $1.45 million. The site consists of six data center modules and consumes about 7 MW of power (equivalent to powering around 5,000 homes). The operation involves a network of computers solving complex math problems to secure Bitcoin transactions. Local leaders view it positively for economic benefits, including added equipment to the tax digest (potentially lowering county taxes) and significant utility payments translating to community reinvestment. Another facility is expected to break ground soon in Atkinson County.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.
