DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Business Operations, Hut 8
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Former Hut 8 executive takes CEO role at Fortitude Mining Holdings
Jaime Leverton assumed her new role last month
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Digital Realty, Colovore, Hut 8, CoreSite, and DataBank file to build data centers in Texas
Lone Star State continues to appeal to operators
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Hut 8 signs 352MW lease with unnamed hyperscaler in Texas
Company extends lease at Beacon Point campus, site now fully leased
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Hut 8 prices $4.25bn note offering for 352MW Texas data center
Facility is already leased to an undisclosed hyperscale tenant
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Hut 8 signs 352MW data center lease in Texas with investment grade tenant
Company signs $9.8 billion lease for Beacon Point campus
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Hut 8 selling $3.25bn in bonds to finance Google and Anthropic-backed River Bend AI data center campus
Development will act as the first leg in a 2.295GW partnership with Fluidstack and Anthropic
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Hut 8 sells 310MW Canadian natural gas portfolio to TransAlta
Portfolio comprises four projects in Ontario
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Karis Critical plans 36MW data center in Naperville, Illinois
Company faces pushback to redevelop former Bell Labs site
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Trump's sons' American Bitcoin listed on Nasdaq
Hut 8 spin-out completes merger with Gryphon Digital Mining
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Hut 8 announces four data center projects totaling 1.5GW across US
Company targeting four sites across Texas, Illinois, and Louisiana
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Hut 8 launches cryptomine data center in Texas
Company serving Bitmain from new site in Texas Panhandle
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Hut 8’s American Bitcoin to go public in Gryphon Digital merger
Combined company will be traded under American Bitcoin name
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Hut 8 reports $134m Q1 loss amid Trump-backed American Bitcoin focus
Bitcoin halving impacts crypto operators
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Hut 8 acquires data center company owned by Trump sons
Parent company to focus on “low-volatility” data center business and rebrands crypto unit
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Hut 8 secures 592 acres for 300MW Bitcoin and AI data center
Investment in project expected to reach $2.5 billion
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Planned Hut 8 data center in West Feliciana Parish, Louisiana, gets green light
Parish officials unanimously approved $12 billion project
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Hut 8 plans '$12bn AI data center' in West Feliciana Parish, Louisiana, with initial 300MW deployment
Reports for campus outside Baton Rouge first emerged in November
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Hut 8 secures land and power for 205MW data center in West Texas
Boosts cryptomining firm's energy portfolio to 1.3GW
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Coatue invests $150 million in Hut 8 to target AI compute market
As Soluna raises $12.5 million for GPU cloud
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Hut 8 receives court approval on bid to buy gas power plants for mining crypto
Company also making progress on merger with US Bitcoin Corp
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Hut 8 and US Bitcoin announce merger
And Riot Platforms January 2023 updates
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Core Scientific facing class action lawsuit over valuation and bankruptcy
Meanwhile Hut 8 pauses operations amid legal dispute
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Bitfury launches 28MW cryptomining data center in Ontario, Canada
Company says facility could reach up to 200MW
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Crypto mining firm Hut 8 acquires TeraGo’s data center business
Hut 8 acquires colo business in Canada; gains five data centers
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Validus Power to build crypto/HPC data center, resurrect gas power station in Ontario, Canada
Company to bring two power plants back online to mine crypto