Topic: bitcoin mining decline

Hut 8 Signs $9.8B Texas Lease for First Phase of AI Data Centre

Hut 8 completed a corporate transformation from Bitcoin miner to AI landlord, announcing a 15-year, 352 MW lease at its Beacon Point campus in Texas worth $9.8 billion over the base term, with potential renewal value up to $25.1 billion. The company now has 597 MW of contracted AI data-centre cap...