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by pzxc 33 days ago
The data center project is by Shark Tank investor Kevin O'Leary and will consume 9GW, more power than the entire State of Utah currently consumes
2 comments
nradov 33 days ago
It's not going to consume 9GW because it won't actually be built. There is no financing. The entire project is a scam.

https://youtu.be/RWoV0EXxa7c

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SilverElfin 33 days ago
It may still be built by someone else. Many PE firms are starting to built land portfolios for where a data center can be easily built. So the current owners of the project could just resell it to those with financing.
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snypher 32 days ago
>The entire project is a scam.

OP said that already when they mentioned Kevin O'Leary.

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Arnt 33 days ago
Ah, when your write things like that, do you really think they'll come true?

If no: why do you write them?

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pzxc 33 days ago
Yes, I really think the data center will consume that much power because that's the design

Yes, I really think that it will get built, because the people building data centers are throwing money/favors at politicians to get them approved

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Arnt 32 days ago
The size of the building applied for is generally weakly related to the effort required for the application.

If you have some land, getting approval to build six buildings is often not much more work than getting approval to build one. So why not apply for six even if you only have a tenant for one. If it's the same amount of paperwork and the land is cheap (maybe you can lease the land to the farmer you bought it from).

This doesn't apply in places where land is expensive, of course. Central Amsterdam, downtown Manhattan, etc. In places like that you'd want to use your building permits PDQ.

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