At a 70% load factor, $1-2B for power translates to $163-326/MWh.
Yes that feels high, but the site still pays back in about two years! And that’s if the shell developer pays power costs (they pass through usually).
Never let data centers tell you your power is too expensive.
David Sacks (@DavidSacks)
Back-of-envelope numbers for 1 gigawatt data center:
All-in Capex: ~$50 bn
Enterprise revenue generated: ~$25-30 bn/year
Electricity cost: $1-2 bn/year
~2 year payback.
The boom is real.
— https://nitter.net/DavidSacks/status/2053573251419230702#m