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Hut 8

Bitcoin mining and enterprise HPC infrastructure

Project Controls Principal - Data Center Development

Full-Time
No salary listed
Mid, Senior
Bachelor's
Miami, FL, USA
In PersonIn-office at the Miami headquarters; travel to project sites 25%+ of the time.
Project & Program ManagementProject Management

About the job

Requirements
  • At least 4 years of experience in project controls, cost engineering, construction finance, or FP&A supporting large capital construction projects.
  • Direct experience on projects with $500 million or more in total installed cost, working embedded with project delivery teams.
  • Ability to challenge and influence project managers, contractors, and senior stakeholders with data-driven analysis.
  • Strong written and verbal communication skills, including experience reporting to executive or C-suite audiences.
  • Bachelor's degree in Construction Management, Engineering, Finance, Accounting, or a related field, or equivalent experience.
  • Willingness and ability to travel 25% or more to project sites across North America.
  • Hands-on experience with a project management information system such as Procore, Kahua, e-Builder, Unifier, or similar.
  • Advanced Excel proficiency, including complex models, pivot tables, and lookups.
Responsibilities
  • Own project controls across assigned capital projects, including budgets, cost tracking, estimate-at-completion and estimate-to-complete forecasting, change management, contingency management, and cash flow projections.
  • Develop and pressure-test project estimates at each stage gate, from conceptual and feasibility estimates through guaranteed maximum price validation and buyout, and reconcile estimates against actuals.
  • Monitor contractor schedules and cost reports, perform cost and schedule variance analysis, and drive corrective action with the project team.
  • Review pay applications, change orders, and invoices for accuracy, contract compliance, and alignment to budget before approval.
  • Partner with corporate FP&A and Accounting on capital planning, accruals, monthly close support, and reconciliation of project costs between project management information systems and enterprise resource planning systems.
  • Maintain project-level financial models supporting capital commitments, funding draws, and reforecasts.
  • Support development of annual and multi-year capital budgets for the construction portfolio.
  • Prepare and present weekly project status and cost reports to the C-suite, and deliver monthly portfolio-level reporting covering budget health, forecast movement, risks, and decisions required.
  • Communicate project data to executives through concise, decision-ready reporting.
  • Establish and maintain consistent weekly and monthly reporting cadences, templates, and key performance indicators across projects.
  • Proactively identify and flag cost, schedule, scope, and commercial issues, escalating problems transparently to leadership.
  • Constructively challenge project managers, contractors, and vendors when forecasts, change orders, or schedules are not supportable.
  • Travel to active project sites to validate progress, verify percent complete against billings, and stay connected to field conditions.
Desired Qualifications
  • Experience in data center, mission-critical, energy, or heavy industrial projects.
  • NetSuite experience; QuickBooks or comparable ERP/accounting platform experience is acceptable.
  • Power BI or similar dashboarding experience.
  • Working familiarity with Primavera P6 and/or Microsoft Project.

About the company

Hut 8 operates in digital asset mining and high-performance computing infrastructure. It mines Bitcoin at scale with vertically integrated operations, owning mining hardware and managing power and facilities to control costs and profitability. In addition to mining, Hut 8 offers enterprise-grade technology services, including cloud and colocation data centers and high-performance computing infrastructure designed for security, reliability, and scalability. The company’s business model blends mining with enterprise data-center services to reduce cryptocurrency market risk while capitalizing on demand for compute-at-scale and digital infrastructure. Hut 8 differentiates itself by owning and operating its own energy and infrastructure, allowing tighter cost control, and by serving enterprise clients with secure, scalable data-center solutions alongside its mining activities.

Company Size

201-500

Company Stage

IPO

Headquarters

Miami, Florida

Founded

2020

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Simplify Jobs

Simplify's Take

What believers are saying

  • September 28, 2026 revolver expands parent liquidity and funds interconnection deposits without cash collateral.
  • Beacon Point and River Bend represent 949 MW contracted AI capacity and $26.6 billion value.
  • Initial Beacon Point energization remains targeted for Q1 2027, preserving near-term commercialization timing.

What critics are saying

  • Texas ERCOT review still threatens Beacon Point energization; Hut 8 lacks formal authorization.
  • Beacon Point’s second phase begins in Q2 2028, leaving execution exposed for eighteen months.
  • If the unnamed hyperscaler defects, Hut 8 loses $19.6 billion of contracted campus value.

What makes Hut 8 unique

  • Hut 8 commercialized Beacon Point with two 15-year leases totaling 704 MW on July 20, 2026.
  • Hut 8 pairs power origination, data-center development, and project financing into one platform.
  • Hut 8 secured $7.5 billion non-recourse project financing and a $1.07 billion revolver in 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

0%
Yahoo Finance
Oct 14th, 2026
Hut 8 breaks ground on $10B Louisiana data centre as shares slide 15% in a month

Hut 8 has broken ground on its planned $10 billion River Bend data centre in Louisiana. Governor Jeff Landry and Donald Trump Jr. attended the event. The stock has cooled in the short term, down 9.3% over the past week and 15.2% over the past month. It is still up 63.1% year to date and 67.4% over the past year. The most followed valuation narrative puts fair value at $157.09, against a last close of $83.61, which would make the shares 47% undervalued. It rests on a power-first strategy, with 10.8 GW of pipeline under diligence and 3.1 GW under exclusivity. Another measure is less generous. Hut 8 trades at 32.4 times sales, against a fair ratio of 13.5.

Umbrex
Sep 29th, 2026
Hut 8 Strategy and Business Model

Get concise insights into Hut 8's operations, services, leadership team, market strategy, and competitive positioning.

Seeking Alpha
Sep 28th, 2026
Hut 8 closes $1.07B revolving credit facility to strengthen corporate liquidity

Hut 8 has secured a $1.07 billion four-year senior secured revolving credit facility to strengthen its corporate liquidity. The facility offers committed capital with a drawn margin ranging from SOFR plus 150 to 200 basis points, based on the company's consolidated performance.

Yahoo Finance
Sep 24th, 2026
Hut 8 acquires bankrupt Poolin's Texas data centres for $140M

Hut 8 has acquired bankrupt crypto miner Poolin's two Texas data centre facilities for $140 million, according to court filings. The winning bid secures the "Pyote" and "Tarbush" sites, adding to Hut 8's existing Beacon Point campus in Texas. Hut 8's offer was nearly triple the $52 million opening bid, beating out competing offers that reached $137 million. Poolin filed for Chapter 11 bankruptcy protection in July after winding down its Texas crypto mining operations. The acquisition expands Hut 8's data centre portfolio as the former Bitcoin miner pivots to data centre operations. The company now has 949 MW of contracted artificial intelligence infrastructure capacity, representing an estimated $26.6 billion in expected contract value. Hut 8 stock has risen 170% over the past 12 months.

Yahoo Finance
Sep 1st, 2026
Hut 8 stock jumps 5% as Nvidia backs $35B Anthropic-Lambda cloud deal

Hut 8 Corp. shares jumped nearly 5% in overnight trading Monday after reports emerged that the company will develop a data center as part of a $35 billion cloud-computing deal between Anthropic and Nvidia Corp. According to The Wall Street Journal, Hut 8 will develop the data center in Nueces County, Texas. The company signed an agreement with Nvidia weeks ago to secure capacity. Lambda will use Hut's data center to plug in chips bought from Nvidia, whilst Nvidia will hold the lease. The deal adds to Hut 8's growing portfolio. The company is already developing data centers for Anthropic to use Google's tensor processing units, backed by financial guarantees from Google. In July, Hut 8 announced 15-year leases for its entire 700-megawatt Texas campus to an unnamed company.