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Councilor Doug Juntunen: updated infrastructure would belong to Moose Lake Water & Light as city weighs Bitcoin-mining deal
Summary
At its Jan. 21 meeting the Moose Lake Economic Development Authority discussed a potential development agreement with Revolve Labs for on-city Bitcoin mining; Councilor Doug Juntunen said any updated infrastructure would be owned by Moose Lake Water & Light, while community members raised concerns about noise, expansion and environmental impacts.
At its Jan. 21 meeting, the Moose Lake Economic Development Authority discussed a proposed development agreement involving Revolve Labs to host Bitcoin-mining operations on land owned by the company.
Councilor Doug Juntunen said the city would retain ownership of infrastructure upgrades tied to the project, stating, “All updated infrastructure will be property of Moose Lake Water & Light.” Community members at the meeting raised concerns about potential noise, future expansion and environmental impacts linked to the mining operation.
The discussion did not record a formal vote or final action; members noted the city would need to enter a development agreement with Revolve Labs as the landowner. The minutes do not specify technical, permitting, or environmental review steps, the timeline for any approvals, or proposed limits on operations.
Advocates for the project and proponents’ remarks were not recorded in the minutes; the record shows only that community concerns were voiced. The Authority did not adopt conditions or direct staff to return with a draft agreement during the meeting. Next steps and any required state or county approvals were not specified in the minutes.
A future agenda or staff report may follow to detail permit requirements, environmental review or proposed mitigation measures if the city proceeds with negotiations.
