NewsLayer

Install NewsLayer

Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.

NewsLayer.com
LatestDaily BriefMarkets
NewsLayer PulseLIVE₿BTC$81,191-0.38%ΞETH$2,391-1.20%◎SOL$102.96-1.29%✕XRP$1.29-1.68%ÐDOGE$0.079-2.33%₳ADA$0.2186-3.03%Total Cap$2.89T+0.00%24H Vol$497.3BLayer Index37 Fear
BreakingCrypto Firms Launch Quantum Alliance as 6 Million Bitcoin Sit Exposed7 小时前
Markets
HomeCrypto

Crypto

New data center planned to replace crypto mining facility in Spartanburg County

SPARTANBURG —A former cryptocurrency mining facility in the Tiger River Industrial Park is being converted into a data center. The company hopes it’s operational by the end of 2027.

Post and Courier

Publisher

Oct 13, 2026 at 9:00 AM UTC · 2 分钟阅读

New data center planned to replace crypto mining facility in Spartanburg County
NewsLayer editorial artwork

Market Impact

BTC-0.38%$81,191

Last Updated

5 天前

SPARTANBURG —A former cryptocurrency mining facility in the Tiger River Industrial Park is being converted into a data center. The company hopes it’s operational by the end of 2027.

BV Power Alpha previously received a fee-in-lieu-of-tax agreement for its crypto mining facility that started up in 2022. The company, owned by Jerry Tang, is now called AIB Data Centers.

In February, Tang abandoned efforts to build a new data center in the Tyger River Industrial Park after Spartanburg County Council declined to offer tax incentives in the wake of community criticism over the project.

Since then, county council passed a data center moratorium that could prevent new data centers that have an IT electrical load of 65 megawatts or more.

Reach crypto's most engaged readers — advertise mid-article on NewsLayer
Sponsored

Reach crypto's most engaged readers — advertise mid-article on NewsLayer

NewsLayer

Ad

Council voted to include the caveat after lobbying from William Crawford, president of Pacolet Milliken, and Bryan Stone, president of Pacolet Milliken subsidiary Lockhart Power, who argued that small data centers create revenue that helps keep costs down for ratepayers.

Pacolet Milliken developed the Tyger River Industrial Park and Lockhart supplies much of the power there.

The new AIB data center will have an electrical load of only 50 megawatts, falling below that 65-megawatt threshold, according to the company. It will buy power from a utility instead of producing it, meaning it won’t create the type of air pollution that the NorthMark data center will generate.

Market Context

₿

Bitcoin

BTC

$81,184

-0.39% (24H)

$81,619$81,326$81,033
12 AM7 AM3 PM11 PM

Market Cap

$1.63T

24H Volume

$11.6B

24H High

$81,656

View Bitcoin Market Page

Article Intelligence

Topics

crypto

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium
NewsLayer.com

The front page of the onchain economy. Crypto, Web3 and regulation intelligence — live prices, original research and policy tracking in one layer.

Follow on XTelegram

News

  • Latest News
  • The Daily Brief
  • Crypto
  • DeFi
  • Policy
  • Web3
  • Blockchain
  • Explainers

Markets

  • Market News
  • Layer Index
  • Live Charts
  • DeFi Protocols
  • Regulation Tracker
  • Regulation Radar

Company

  • About NewsLayer
  • Advertise
  • PR Publication
  • Become an Author
  • Our Authors
  • Create Account
  • Sign in

Resources

  • Research
  • NewsLayer Originals
  • My Feed
  • Search
  • AI Sector
  • Quantum Sector

NewsLayer Premium

Read the full layer.

Unlock premium intelligence, original research and an ad-free reading experience.

  • Premium Intelligence briefings
  • Ad-free reading experience
  • Members-only research & data
Go Premium

© 2026 NewsLayer.com — The front page of the onchain economy

Privacy Policy·Terms of Service
NewsLayer

Get the signal, not the noise.

Markets, regulation and onchain intelligence in a 5-minute morning read — plus breaking alerts and Layer Index flips as they happen.

The Daily Brief

Breaking alerts

Index flips

Free · No spam · Unsubscribe anytime