Full-Time
Energy Origination Associate
Hut 8
11-50 employees
Public company operating Bitcoin mining centers
No salary listed
Miami, FL, USA
In Person
 Finance & Banking (1) |
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- Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
- An MBA or other advanced degree is a plus.
- Conduct detailed market research to identify industry trends, competitive landscape, and potential growth opportunities.
- Analyze market data to support strategic planning and decision-making processes.
- Develop and maintain complex financial models to evaluate the financial performance and potential impact of M&A transactions, joint ventures, and other strategic initiatives.
- Perform due diligence on potential acquisition targets, including financial analysis, valuation, and risk assessment.
- Assist in the development and execution of the company’s strategic growth plans.
- Support the identification, evaluation, and execution of M&A opportunities, including coordination of internal and external stakeholders.
- Participate in all stages of deal execution, from initial evaluation to negotiation and closing.
- Prepare and present investment memoranda, board presentations, and other documentation required for approval processes.
- Work closely with various departments, including finance, legal, operations, and product teams, to ensure alignment and successful integration of strategic initiatives.
- Coordinate with external advisors, such as investment banks, consultants, and legal counsel, as needed.
- Track and report on the performance of completed transactions and strategic initiatives.
- Provide insights and recommendations for continuous improvement and future opportunities.
- All other duties as assigned
- MBA or other advanced degree is a plus.
Hut 8 is a large digital asset mining and data center operator in North America. It runs facilities that house Bitcoin mining hardware and other high-performance computing workloads, including services that self-mine, host third-party mining rigs, and manage infrastructure for clients using its own software. The company’s campuses are in New York, Nebraska, and Texas, and after merging with USBTC it became a publicly traded entity (HUT) on Nasdaq and the Toronto Stock Exchange, with a broader mix of revenue from economical mining, computing workloads, and hosted/managed services. What sets Hut 8 apart is its scale as a publicly listed miner, its diversified business model across self-mining, hosting, and managed infrastructure, and its partnerships with other big players (e.g., Celsius Network, Marathon Digital, Foundry USA). Its goal is to be a leading operator in the digital asset space by focusing on efficient, reliable mining operations and strong ESG practices.
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Miami, Florida
Founded
2020
Simplify's Take
What believers are saying
- Q1 2026 revenue tripled to $71M; $16.8B contracted AI lease revenue de-risks Bitcoin volatility.
- Investment-grade $3.25B bond offering at 7% debt cost signals institutional confidence in AI infrastructure.
- American Bitcoin subsidiary accumulates BTC reserves; 9,255 BTC holdings provide strategic optionality.
What critics are saying
- Bitcoin price below $50K eliminates 40% of mining revenue; $3.25B debt service becomes unsustainable.
- NVIDIA Rubin GPUs in 2027 obsolete Beacon Point DSX architecture; $2B+ retrofit required.
- ERCOT grid curtailments halt 352 MW operations; breach of $9.8B lease SLAs triggers tenant termination.
What makes Hut 8 unique
- Vertiv OneCore partnership reduces AI data center deployment time by 50% versus industry standard.
- Beacon Point's 352 MW NVIDIA DSX-designed facility delivers $9.8B contracted revenue over 15 years.
- Vertically integrated power, infrastructure, and compute assets enable 8,375 MW development pipeline execution.
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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
Sabbatical Leave
Hybrid Work Options
Stock Options
Company Equity
401(k) Retirement Plan
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Conference Attendance Budget
Professional Development Budget
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Parental Leave
Relocation Assistance
Commuter Benefits
Employee Referral Bonus
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Training Programs
Education allowance
Tuition Reimbursement
Meal Benefits
Pet Insurance
Legal Services
Employee Discounts
Company Social Events
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -4%2 year growth
↓ -14%Vertiv has launched OneCore, a factory-integrated digital infrastructure platform that reduces AI data centre deployment time by up to 50% compared to traditional construction methods. The solution uses digital twin technology and Universal Scene Description to streamline deployment. The system delivers up to 30% space savings, 25% total cost of ownership reduction, and supports rack densities up to 600 kW. By shifting construction off-site and integrating power, cooling and IT infrastructure into repeatable modules, OneCore addresses industry constraints around skilled labour and accelerating AI capacity demands. Vertiv is collaborating with Hut 8, an energy infrastructure platform, to deploy OneCore across select data centre projects. The partnership combines Hut 8's power-focused approach with Vertiv's converged systems to create standardised, scalable AI infrastructure.
In January, U.S. bitcoin miner Core Scientific was bankrupt and battling angry lenders. Since its return to the stock market that month, the share price is up 140% as the company aggressively goes after building a business in artificial intelligence.On Tuesday, the mining firm announced an expanded deal worth $6.7 billion with CoreWeave, an Nvidia-backed startup that's one of the main providers of the chipmaker's technology for running AI models. Core Scientific will deliver an additional 112 megawatts of computing infrastructure to support CoreWeave's operations.Core Scientific said the deal will generate an additional $2 billion in revenue over 12 years, on top of an existing arrangement that's expected to bring in $4.7 billion. In total, the company plans to provide about 382 megawatts of infrastructure to CoreWeave by the first half of 2026, with the possibility of adding 118 megawatts at other Core Scientific sites.Sites are expected to see modifications begin in the second half of 2024 and to be fully operational by the first half of 2026."We've seen tremendous growth since our emergence in January and have been laser focused on developing best-in-class digital infrastructure," Core Scientific CEO Adam Sullivan told CNBC. "This infrastructure advantage has allowed us to diversify revenue and reallocate certain facilities to address the growing need" for the type of technology required for AI.For months, publicly traded bitcoin miners have been shifting into the AI infrastructure business because it became a lot less profitable to mine bitcoin after the halving in April
Cattle graze at the Buffalo Gap Wind Power project in Taylor and Nolan counties just south of Abilene, Texas.Robert Daemmrich | Corbis | Getty ImagesJust off of Interstate 20, in the heart of West Texas, is a town of 125,000 people called Abilene. Once a stopping point along a cross-country cattle trail in the days of the American Old West, the small outpost is now getting into the burgeoning artificial intelligence business.Houston-based tech company Lancium and Denver-based Crusoe Energy Systems announced on Thursday morning a multibillion dollar deal to build a 200-megawatt data center just outside Abilene that is designed to "meet the unique needs of AI companies" — such as enabling advanced cloud computing for applications like medical research and aircraft design. It is the first phase of a larger 1.2-gigawatt buildout.Lancium President Ali Fenn told CNBC that at full capacity, this will be one of the largest AI data center campuses in the world, in the latest example that the race to power AI — and leave bitcoin mining behind — is accelerating."Data centers are rapidly evolving to support modern AI workloads, requiring new levels of high density rack space, direct-to-chip liquid cooling and unprecedented overall energy demands," said Chase Lochmiller, Crusoe's co-founder and CEO.There are a lot of synergies between the bitcoin mining and AI infrastructure businesses.Mining firms have expansive data centers, with access to fiber lines and large amounts of power across the U.S. They're exactly the types of facilities needed for compute-intensive AI operations, which means their sites and technology are in high demand.Meanwhile, miners need to diversify. Following the bitcoin halving in April, an event that happens about once every four years, the business of generating new tokens has become much less profitable. JPMorgan Chase analysts wrote in a report in June that "some operators are feeling the financial pinch from the recent block reward halving, which cut industry revenues in half, and are actively exploring exit strategies."With the burgeoning AI industry in need of capacity and bitcoin miners in search of new ways to generate returns on their hefty investments, mergers, financings and partnerships are rapidly coming together.Bitcoin miners pivot to AILancium and Crusoe join a long list of miners looking to trade bitcoin for AI, and so far, the strategy appears to be working.The combined market capitalization of the 14 major U.S.-listed bitcoin miners tracked by JPMorgan hit a record high of $22.8 billion on June 15 — adding $4.4 billion in just two weeks, according to a June 17 research note from the bank.Bit Digital, a bitcoin miner that now derives an estimated 27% of its revenue from AI, said in June that it had entered into an agreement with a customer to supply Nvidia GPUs over three years at a data center in Iceland, in a deal that is expected to generate $92 million in annual revenue
From Research Triangle Park, NC: WRAL News reported last week that consumer electronics giant Apple Inc. is delaying plans to build a corporate campus in Research Triangle Park (RTP). But the... The post Southeast Shoutouts | Apple delays massive Tar Heel State project appeared first on Teknovation.biz.
1Miami Beach attracts SAB BIO HQ SAB BIO is on a mission to treat and prevent immune and autoimmune disorders with the use of its unique immunotherapy platform. The clinical-stage biopharmaceutical company recently relocated its headquarters from South Dakota to Miami Beach, joining hundreds of life science and medical technology startups and larger companies that call South Florida home.SAB Bio recently received clearance from the U.S. Food and Drug Administration to start phase one clinical trials for SAB-142, a treatment for type 1 diabetes with the goal of delaying the onset or progression of the disease. SAB-142 is a human alternative to rabbit anti-thymocyte globulin (ATG), a substance that has been shown to modulate the body’s immune response and slow down the disease progression in patients with new or a recent onset of diabetes, a press release said.According to SAB BIO Chairman and CEO Samuel J. Reich, the company relocated on April 4. “We have maintained our South Dakota location as a manufacturing, research and development campus, and our Miami location is our corporate headquarters