Collection and Crypto Data Center Hut 8 got 592 acres of land at the West Feliciana diocese, Louisiana, to create a $ 2.5 billion database for Bitcoin Mining and Labor Operations. Amnesty International.
It is expected that the site, called “River Bend”, will provide between 1500 and 2000 building functions, and will customize up to 300 megawatts of energy while it is cooled with a closed loop cooling system.
“We have made great progress in February via each layer of our platform, from expanding the fingerprint scope to the development of digital infrastructure and the upgrade of our fleet,” said Ashir Jenot, CEO of HUT 8, in the company’s Q4 update.
“In our power layer, we got 592 acres in Louisiana for the latest campus of the Bend River.
Reports that HUT 8 was looking to develop in the region, outside Patton Rouge, back At the end of last year. The company obtained the green light from local officials of the data center project in January.
Previous reports indicate that the project will contain two facilities 450,000 square feet (41,800 square meters) in the first stage, with the completion of the construction by Q4 2025. The second phase will witness additional data centers created by the end of 2026.
In HUT 8 currently there are 19 sites for the data center either in operation or in development, including ten Bitcoin mining projects, five high -performance computer computing centers, and four power generation assets.
The “Vega” website is scheduled to launch 205 MW later this year. Located in Texas Panhandle, it will contain a designated liquid refining system directly on the shelf, designed for ASIC miners (the integrated application of the application).
In the fourth quarter of 2024, HUT 8 entered into a business partnership with Bitmain to secure about 15 EHPS of the bitcoin mining capacity through the new U3S27xph mining platforms for Hardware, which is appointed to publish on Vega.
“Our VEGA development is still on the applicant to activate the Q2.
In December 2024, HUT 8 began in a SM sales agreement controlling SM to secure financing to expand their databases. In June 2024, the cottage 8 was secured 150 million dollars Investing from a box managed by Coature Management, LLC, to expand its AI’s own operations.
