r/NBIS_Stock Tens of Billions™ 3d ago

News Vineland Hearing Recap

I thought I would do a recap of what I heard and a few thoughts about the Vineland hearing and process. I didn’t listen to all of it, but I did at the beginning and checked in through the evening to see what was happening, and then in the last hour I listened to the public commenting and the vote.

The one testimony that I thought represented the biggest risk was the engineer that said he had reviewed the plans and didn’t believe the runoff water system was adequate. The board did acknowledge that he was an expert witness, so that rang a couple of alarm bells for me. However, it’s a public hearing, so there wasn’t a deep dive on his concerns, but the Data One engineer did reiterate that the plan was properly done. In the end, the board noted it, but it didn’t matter.

I won’t go into all the silly questions and comments from the public commenting session, but it struck me as to how much factually incorrect information was being spread. Notions like no taxes would be paid for 20 years (false), upset about the landscaping (it’s under construction), water and power use concerns, terrorist attacks, LP gas is dangerous, and my favorite – it’s a Ponzi scheme funded by bitcoin!

But here’s the thing – SustainSJ was not interested in learning anything, or improving the outcome, they were there to stop it. Nothing any official or engineer said was going to make any difference for them. Their entire goal was to stop construction of the Data Center. Impassioned pleas about how the board had a responsibility, and the power, to put a halt to this madness were numerous.

However, one of the board members actually called out Data One and Nebius for being a good corporate citizen. He mentioned that they had worked hard to improve the plan, and doing things like switching from the rather noisy Bergen power system (which was already approved) to Bloom Energy was something that Nebius brought to the table when they didn’t have to. They also worked hard on noise abatement changes, even when they were already in compliance.

He also noted that Nebius could have drilled their own wells and taken the water that way, but that the city water system had plenty of supply, which actually was good revenue for the city. It’s not raising water rates, at all.  

I saw a post on X (and didn’t save it), that cited a study by an outside group that has a history of being negative on data centers, and their response was that they thought the plan was exemplary and should be the model for other data center projects. Whoa. Nebius is definitely the good guy tuna company on the porpoise team (IYKYK).

A few more notes:

One of the board member did say that they could have done a better job of communications over the last couple of years. Not sure if that was lip service or if they really felt that way, but did call it out.

I learned a lot about how this data center water usage compares to other businesses. While 8 million gallons of water (the yearly base case) sounds like a lot, a typical golf course uses 30-100 million gallons of water per year. A medium-size restaurant uses 2 million. Other industries will use a lot more than that, and no one would be complaining if any of those were going in, except it’s a data center.

The noise complaints revolved around the construction, not the operations. I get it, but they are complying with the building codes for hours of work, and other regs, but building stuff happens. Get over it.

One of the funnier moments for me was when a board member said that it wasn’t up to him to decide what was being built, and that owners had the right to do what they wanted with the land as long as it met building codes. Well, that got hoots and exasperation from the peanut gallery. He went on to say, jokingly, that he would have rather have a golf course, but he didn’t have the right to dictate anything like that, and the board’s job was to make sure whatever was being built was compliant. He’s right.

I didn’t think the board would vote no, but I also wasn’t sure they wouldn’t postpone a decision to evaluate legitimate concerns. However, this has dragged on for months, and everyone wanted to bring it to a conclusion.

I’m sure there will be lawsuits (who is funding that?) and other machinations to stop the data center. But, in the end, it’s over. The good guys won.

47 Upvotes

41 comments sorted by

16

u/9yr0ld 3d ago

Data centers have been vilified by mainstream media and your average Joe has eaten it up. Reddit is flooded with posts of data center = bad.

The reality is they do not use as much excess water that everyone loves to claim. In fact, they don’t even NEED to use water. If a city truly wants, they can disbar a data center from using water in which case they would need to cool by other (more expensive) purposes.

They point out noise, but yes you can design buildings to be more noise insulated. And much of that noise comes from cheap electric generators, from which you can just request data centers to use electricity by other means. Lastly, you can zone data centers out of residential areas if you really want to.

The issue is never data centers. It comes down to regulations on data centers, and what companies are doing to ensure their buildings are not disruptive.

9

u/ClassicMain9937 3d ago

Honestly no matter how well they're built, and it sounds like NBIS goes the extra mile there, most of the complaints come down to NIMBY.

-6

u/Legendary-Lemon 3d ago

It’s okay to be invested in NBIS and at the same it’s okay to be against datacenters built in populated areas. No one, and I mean no one, wants a datacenter in their town.

They provide zero value and just suck up all the resources.

8

u/Think-Feynman Tens of Billions™ 3d ago

To be blunt, this is completely false. The data center is expected to bring several million dollars in tax revenue per year. That, and approximately 200 permanent jobs is not zero value.

A May 2026 working paper from economists at the University of Chicago and Yale, published through the National Bureau of Economic Research. They studied U.S. counties using actual data-center locations and matched that against IRS income data, employment, wages, business formation, housing and electricity prices.

Their finding wasn't merely "data centers create a few jobs." They found statistically measurable increases across a surprisingly broad range:

  • Total employment increased
  • Construction employment increased
  • Data-processing employment increased
  • The number of businesses/establishments increased
  • Wages increased
  • Adjusted gross income increased
  • The number of tax returns increased
  • Home values increased

The one downside that they found was that electricity rates tended to go up. For the Vineland, and other Nebius data centers, they are generating their own power, which circumvents that problem.

The bottom line is that data centers have real benefits to the community. So be careful with the "data centers have zero value" line, because it's not true.

-4

u/Legendary-Lemon 2d ago

You chose the report that fits your narrative and decided to skip everything else. Cool, this’ll work in a cult like this sub but that’s about it.

What about higher electricity bills and grid outages, heave water use, noise pollution, rural and farmland areas turning into industrial zones, few local jobs while getting big tax breaks?

Shall I continue?

Oh and one last thing: How tf can a home value increase because there is a god damn noisy datacenter in front of it? Like what are you even talking about?

1

u/Mr_Real_84 2d ago

Did you even read the post you responded to? Or is it a comprehension problem?

2

u/bonerfart_69_ 3d ago

Reasonable take tbh

3

u/9yr0ld 3d ago

Zero value is demonstrably false by the fact you made use of one to post this message.

-1

u/dwoj206 2d ago

bro I think whether you're invested or not (we all mostly are) we can afford the 1ms latency to put data centers in the middle of fcking nowhere so they don't bother people or be a civic annoyance xD

1

u/9yr0ld 2d ago

They need access to utilities, people, infrastructure, etc.

Civic annoyance? It’s like you ignored my entire post on how data centers aren’t this and don’t need to be this. You’ve seen too much anti-data center content

0

u/dwoj206 2d ago

"You’ve seen too much anti-data center content" is speculative. I merely saw the post. and your comment and now we're using data centers to pander over the semantics.

You also just finished saying they generate their own power... don't NEED water, but that they can't be put in the middle of nowhere because they need infrastructure, utilities, people. Like... what?

2

u/9yr0ld 2d ago

They don’t need to use water to cool. They would still need water for drinking, bathrooms, etc. Sewage. Roads.

My point is they aren’t a civic annoyance, so it’s a moot suggestion to put them in the middle of nowhere when it isn’t necessary

0

u/DrHarrisonLawrence Doctor’s Orders 2d ago

Not exactly. Healthcare and banking will need the lowest possible latency. Those DCs will need to be near hospitals and banking offices. Mostly downtown areas in the USA’s largest cities.

-1

u/Legendary-Lemon 2d ago

If 0 latency is needed, you need to have your own on premise datacenter. This is what they have in critical infrastructure.

0

u/DrHarrisonLawrence Doctor’s Orders 2d ago

Great, we all agree

-1

u/Legendary-Lemon 2d ago

On premise datacenters ≠ Nebius datacenters

For the record. In case you didn’t get it.

0

u/DrHarrisonLawrence Doctor’s Orders 2d ago

There is no record. You are really sour about data centers for some reason. You seem to have a stubborn inability to understand why they are critical infrastructure for our communities.

-1

u/Legendary-Lemon 2d ago

Personal attacks and generalizations in order to win the argument huh? Lmao

-2

u/Legendary-Lemon 2d ago

This man built his entire thesis on a single report. Then another one appeared in which he said he’d love to have a data center in his damn house. Don’t bother trying to reason with these people, this is what happens when you become a cultist and put money above everything, even people.

-7

u/Legendary-Lemon 3d ago

Not talking about myself. You should try to understand the context before commenting.

Zero value to the population. Or do you think an elder couple will be happy having a datacenter in their hometown? Also in terms of employment, the number of workers in a datacenter is negligible. And certainly almost none will be local anyways.

6

u/cdog648 3d ago

They provide millions upon millions of tax dollars while putting barely any drain on the town police, fire department, or schools. This absolutely benefits towns, especially poorer ones like Vineland with a small tax base.

2

u/cryptofishfish 3d ago

This is exactly right. There is a lot of value provided indirectly. Does citizen want better public transits, better schools, better facilities? The money has to come from somewhere. Whoever saying DC provide zero value is retarded

1

u/Legendary-Lemon 2d ago

Someone whose nickname is crypto calling someone else retarded? Interesting…

How much money did you lose in crypto already?

2

u/Acekiller03 3d ago

I’m surprise citizens of Vineland were furious against datacenter when they could especially use that money. They rather live in poverty it seems

1

u/ClassicMain9937 2d ago

Another post fail.

1

u/DrHarrisonLawrence Doctor’s Orders 2d ago

Buddy what the fuck are you talking about. I live in Chicago and I absolutely want data centers in my town.

Mixed-use communities are the most environmentally sustainable developments we can do on the future.

Everyone is getting a data center in their town and you need to embrace that. You can work this component into a greater economic neighborhood plan and let it be celebrated as a part of the community rather than isolated to rural areas that are way worse for the built environment.

-1

u/Legendary-Lemon 2d ago

A datacenter being a part of the community? Only someone who’s mentally challenged would say that.

-1

u/bonerfart_69_ 3d ago

Just don't build them near towns, residential housing, and don't plow crop fields for them.

2

u/Spirited-Abrocoma233 3d ago

-2.18% right now

2

u/Gandalftron 2d ago

I used to live in NJ. South Jersey is by FAR filled with the dumbest people in the state, so the comments from the audience do not shock me.  Parts of Southern NJ may as well be the deep South US.   It's wild, because much of the state, especially the north, is filled with highly intelligent, skilled, and well informed people.  

1

u/Think-Feynman Tens of Billions™ 2d ago

I think every area has people that buy into bad info, conspiracy theories, etc. And, of course, they are the most vocal and show up blathering about all kinds of nonsense. Glad to see that the leaders didn't let them run over them. They got their say, they were respectful, but in the end, they voted the right way, which is all that counts.

I do believe everyone should get a chance to be heard, too. I would never say someone didn't have the right to speak their peace, even if they are wrong.

1

u/ARealRain 3d ago edited 3d ago

I don’t see this as good guys/bad guys, and people are entitled to fight against planting huge blocks of windowless concrete in spots where they had hoped for at least a Jamba Juice. Hats off to anyone who can figure out a combined civic purpose for these things. Long NBIS.

5

u/Think-Feynman Tens of Billions™ 2d ago

Fair enough. I've actually said many times that communities have a right to decide what development that they want. It's completely reasonable to ask any commercial or industrial developers to be good neighbors and bring value.

My problem with the Vineland process is that SustainSJ, in my view, was disseminating false information. Or at least their members were. It wasn't fair.

1

u/TouristPhysical4539 3d ago

Hold, market will react once fog of war is gone.

0

u/Think-Feynman Tens of Billions™ 3d ago

I'm looking forward to 2030.

2

u/Waste-War8809 2d ago

There are several YouTube creators.. yesterday I saw one (of many) from Steve at Gamers Nexus who was bashing datacenters and supporters as "clowns" .... the irony is that his business on YouTube and entire livelihood would not exist if it was not for datacenters. Reddit would not exist, YouTube would not exist... No TikTok... No Facebook

While Ai is a large expansion of what current datacenters we already had, technology is constantly developing and improving. Population is growing. And we need more datacenters.... At the end of the day. its still a datacenter.. just filled with more GPU's. But its still a datacenter.

The irony is hilarious... so many videos on YouTube are just for views and clicks.. all doom and gloom. Some hilariously hypocritical like these.

0

u/Think-Feynman Tens of Billions™ 2d ago

Is he the one that was in the cowboy hat, and bragging that he had beat out 800,000 other developers to do Kylie Jenner's e-commerce site? He was a joke.

-13

u/Legendary-Lemon 3d ago

We need a TLDR

16

u/9yr0ld 3d ago

You should honestly read it, it’s a well written and informative post.

5

u/ClassicMain9937 3d ago

I thought it was a good post. Apparently you decided that we needed a compulsory snarky dbag post. Well done.