WEBVTT

00:00:02.055 --> 00:00:03.775
Yeah, I think the first thing that we've

00:00:03.775 --> 00:00:05.695
always looked at is we had the benefit

00:00:05.695 --> 00:00:08.435
of operating existing data centers in these local

00:00:08.435 --> 00:00:10.635
communities and so as we look at expansion,

00:00:11.835 --> 00:00:13.555
kind of speed to power is going to

00:00:13.555 --> 00:00:14.315
be the first thing.

00:00:14.375 --> 00:00:15.875
Are they power ready and is there already

00:00:15.875 --> 00:00:18.195
power there? And there's a number of opportunities

00:00:18.195 --> 00:00:20.935
in the area where we're operating that are

00:00:20.935 --> 00:00:23.775
being brought to us either by co-op

00:00:23.775 --> 00:00:27.155
utilities or potentially by private landowners or even

00:00:27.155 --> 00:00:29.755
some private Bitcoin miners that are looking to

00:00:29.755 --> 00:00:31.815
figure out how to monetize and transform.

00:00:32.375 --> 00:00:34.155
I think after that you want to make

00:00:34.155 --> 00:00:35.715
sure that they're in the right location.

00:00:36.195 --> 00:00:37.775
There is a lot of zoning in place

00:00:37.775 --> 00:00:41.875
already for light industrial, heavier industrial and commercial

00:00:41.875 --> 00:00:43.875
where we believe that a lot of these

00:00:43.875 --> 00:00:47.135
data centers should be operated and built and

00:00:47.135 --> 00:00:49.335
they really should not be closer to the

00:00:49.335 --> 00:00:52.375
residential areas or near the schoolyards and I

00:00:52.375 --> 00:00:54.455
think when you do that, if you go

00:00:54.455 --> 00:00:56.075
in that direction, you're starting off on the

00:00:56.075 --> 00:00:58.635
wrong foot immediately with the local town and

00:00:58.635 --> 00:00:59.655
trying to get the approvals.

00:01:00.415 --> 00:01:01.655
I think beyond that,

00:01:02.115 --> 00:01:04.395
we early on said we're going to end

00:01:04.395 --> 00:01:07.135
up doing a prefab or modular option.

00:01:07.415 --> 00:01:09.475
We wanted to mitigate some of the labor

00:01:09.475 --> 00:01:11.675
challenges that some of the hyperscalers are facing

00:01:11.675 --> 00:01:14.275
in these different locations and so our philosophy

00:01:14.275 --> 00:01:17.755
has been let's manufacture the pods or units

00:01:17.755 --> 00:01:19.655
or whatever the housing of the data room

00:01:19.655 --> 00:01:21.715
is going to be off-site and then

00:01:21.715 --> 00:01:23.835
assemble it on-site and I think there's

00:01:23.835 --> 00:01:25.555
a couple key distinctions with that.

00:01:25.715 --> 00:01:27.995
First, they're being built in a factory that

00:01:27.995 --> 00:01:31.035
is meant for these designs and there's already

00:01:31.035 --> 00:01:32.675
labor there with the companies that we'll be

00:01:32.675 --> 00:01:35.555
contracting with. The second is we'll still be

00:01:35.555 --> 00:01:38.235
using the local resources for skilled trades whether

00:01:38.235 --> 00:01:39.155
it's electrical,

00:01:39.595 --> 00:01:42.795
engineering and all the different subclasses of that

00:01:42.795 --> 00:01:44.095
and so we want to make sure that

00:01:44.095 --> 00:01:47.815
we are employing local and building jobs and

00:01:47.815 --> 00:01:50.715
opportunities where it makes sense but also not

00:01:50.715 --> 00:01:53.175
taxing or stretching and kind of labor concerns

00:01:53.175 --> 00:01:55.195
or shortages and so that's been a key

00:01:55.195 --> 00:01:56.555
component to this.