Hut 8 Secures $9.8B Texas AI Lease, Doubles Beacon Point to 704 MW
Hut 8 signed a $9.8 billion, 15-year lease for 352 megawatts of AI infrastructure at its Beacon Point campus in Nueces County, Texas. The agreement doubles the same tenant's footprint to 704 MW and fully commercializes the one-gigawatt site. Bitcoin miners are shifting power assets toward
EthanBrooks·22h ago
