April 5, 2026
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West Texas Is Open for Business. Austin Is About to Set the Terms.
Logan County, Illinois imposed a 60-day moratorium on Hut 8's proposed $5 billion, 500 MW campus.
Companies
Hut 8
Hut 8 is a cryptocurrency mining company that operates bitcoin mining facilities in Texas, including a data center in Iraan that relies on power from the state's electrical grid.
Referenced in 3 briefingsLast referenced: April 5, 2026
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April 4, 2026
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Developers Who Own Their Power Are Writing the New Site Selection Rules
Logan County, Illinois saw generation costs roughly double between 2020 and 2026; 250 residents showed up to oppose Hut 8's rezoning.
March 20, 2026
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Developers Stopped Waiting for the Grid. Now They're Building Around It.
Logan County imposed a 60-day moratorium on Hut 8's $5B, 500-MW proposal after the company claimed $65 million in annual property tax revenue, roughly 10x CyrusOne's competing estimate for similar capacity in neighboring Sangamon County.
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