Licensed lead · not independently verified · dcd-dir-000691

Helios (Galaxy Digital / CoreWeave)

reported operational

Galaxy Digital

Afton · Dickens County · Texas

Planned 800 MWOperational 200 MWSource updated 10 July 2026approximate location · reported source confidence
How to read this page

This is a source-attributed discovery row. It can help you find a place and its citations; it is not a DataCenterData finding that the facility is distinct or currently operating.

Facility snapshot

Operator as published
Galaxy Digital
Address and locality
Afton · Dickens County · Texas
Lifecycle status
reported operational
Facility type
data center
Reported capacity
Operational: 200 MW; Planned: 800 MW (source-reported; boundary not independently verified)
Source freshness
10 July 2026
Location precision
approximate
Source confidence
reported
Stable directory ID
dcd-dir-000691

What the source record says

Built by Argo Blockchain as a 180 MW Bitcoin-mining facility (2022), sold to Galaxy Digital in Dec 2022 amid the crypto downturn. Galaxy has converted the site to AI/HPC hosting for CoreWeave under a 15-year lease signed March 28, 2025; ERCOT has approved 800 MW for the site (up from the original 180 MW mining build). Bitcoin mining is reported wound down (equipment removal/demolition began Q2 2025) ahead of the CoreWeave conversion — no source found describes concurrent mining and AI operation. The $1.4B figure is a project-financing debt facility (36-month term, secured by Phase I assets), not total investment or deal value; Galaxy separately committed $350M equity — investmentUsd is deliberately omitted rather than picking one of these ambiguous figures. A separate, unreconciled $460M figure appears in one lower-confidence source and is not repeated here as fact. Coordinates are approximate (single-source, not independently cross-verified — geocoding tools could not confirm the street address this pass).

Capacity is not ranked or totaled here.

Any MW value is reproduced as source-reported context. Its measurement boundary is not established consistently enough for comparison. Unknown is not zero.

Status history supplied by the source

  1. 2022-05 · reported operational

    Argo Blockchain completes a 180 MW Bitcoin-mining facility ("Helios") on 160 acres in Dickens County, TX.

    Open cited source →

  2. 2022-12 · reported operational

    Argo sells Helios to Galaxy Digital for approximately $65M amid the 2022 crypto-market downturn, alongside a two-year hosting agreement.

    Open cited source →

  3. 2025-03 · reported under construction

    Galaxy signs a 15-year lease with CoreWeave to convert Helios to AI/HPC hosting (ERCOT-approved capacity expanded to 800 MW); Bitcoin-mining equipment wind-down begins.

    Open cited source →

  4. 2026 · reported operational

    Galaxy delivers Phase I (200 MW gross / 133 MW critical IT load) to CoreWeave; site begins generating lease revenue. Remaining phases (toward 800 MW) still under construction, financed by a $1.4B, 36-month debt facility (plus $350M Galaxy equity) closed August 2025.

    Open cited source →

Sources and attribution

Adapted from Compute Atlas by Edward Kubiak, edition 1.33.0, under CC BY 4.0. Upstream ID galaxy-helios-dickens-tx. Filtered to data-center records in the 50 U.S. states; selected fields normalized for search and display; DataCenterData directory IDs added.

No reviewed match is linked.

This does not mean the row is wrong. It means DataCenterData has not promoted it through the independent evidence workflow.

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