Miners of cryptocurrencies like Bitcoin and Etherium have turned attention to North Dakota in the last year, and some state leaders see the booming sector as one pathway for diversifying an economy dependent on oil and agriculture.
The Dodge Momentum Index moved up another 4% in March to 166.9 from the revised February reading of 160.3. Last month, commercial planning rose 7%, while institutional planning fell by less than one percent. Commercial planning in March was just slightly lower than the all-time high set in.
Gov. Doug Burgum announced the construction of one of the largest data centers in the world near Williston as North Dakota continues to emerge as a hub for high-performance computing, including cryptocurrency mining.
BISMARCK, N.D. (AP) Gov. Doug Burgum on Wednesday announced construction of a $1.9 billion data center located near the biggest city in the state’s oil-production region in northwest North Dakota.