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Data center project · North Slope Borough, Alaska

Franklin Bluffs Pad Power Generation and Bitcoin Mining Project (Phase 1)

Proposed · A Wasilla startup applied for a temporary permit to use up to 30 acres of an existing North Slope pad for a 50 MW gas-powered bitcoin-mining proof of concept from July 2025 to July 2029. Also known as: STaX bitcoin mine.

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Status
Proposed · as of June 16, 2025
Location
Franklin Bluffs pad, about 35 miles south of Deadhorse along the Dalton Highway (coordinates approximate) · North Slope Borough
Status note
A temporary land use permit application was noticed for comment; no decision or later record was found.
Power
50 MW
50 MW of modular bitcoin-mining pods powered by 10 MW mobile gas turbine sets, per the state notice; the company told reporters it hoped to grow to 1 GW.
Land
30 acres
Investment
More than $10 million, per the company's CEO (reported)
Developer and team
STaX Capital Partners, LLC
End user
Bitcoin mining (company's own)
Utility
None: on-site gas turbines
Evidence
Primary public records
Size class
50 MW or more (tracker scope)
Map position approximate, from the reported address or area. Updated Oct. 17, 2026.

Updates, newest first

  1. June 3, 2025 The Northern Journal reported the company had not signed a gas supply contract and that McKinley Alaska Private Investment had committed funding for the pilot. (Alaska Public Media (from the Northern Journal), June 3, 2025)
  2. May 13, 2025 STaX Capital Partners applied to DNR's Division of Oil and Gas for a temporary land use permit (LAS 35555) for Phase 1 at the Franklin Bluffs pad, with a proposed term of July 2025 to July 2029. (Alaska Department of Natural Resources, Division of Oil and Gas (Alaska Online Public Notices), June 16, 2025)

Conflicts and open questions

  • Whether DNR issued the permit, and whether the pilot was built, was not found in the sources reviewed.
  • Related to the later STAK Energy Campus through the same chief executive, per reporting; whether the two companies are the same legal entity was not confirmed.

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