Hut 8 Wins $140 Million Bid for Poolin’s Two Texas Data Centers
Hut 8 Wins $140 Million Bid for Poolin’s Two Texas Data Centers

Hut 8 has been selected as the winning bidder for two Texas data center sites owned by bankrupt mining company Poolin. The $140 million offer came in at nearly three times the opening bids and highlights the increasing value of power-ready mining infrastructure as AI demand expands.

Bitcoin Mining Faces a New Balance as Hashrate Falls Behind Long-Term Trend
Bitcoin Mining Faces a New Balance as Hashrate Falls Behind Long-Term Trend

A new CoinShares report shows that Bitcoin mining is still adjusting after a difficult first half of 2026. Network hashrate remains well below its long-term trend, while tighter mining margins are pushing several large operators to devote more power and infrastructure to AI and high-performance computing.