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Hut 8

Bitcoin mining and enterprise HPC infrastructure

Transmission & Interconnection Principal

Full-Time
No salary listed
Senior
Bachelor's
Miami, FL, USA
In PersonIn-office at the corporate headquarters in Miami's Brickell area.
Electrical EngineeringPower Systems Engineering

About the job

Requirements
  • A Bachelor of Science in Electrical Engineering from an ABET-accredited program with a power emphasis is required.
  • Five to eight years of experience in power systems, transmission planning, and interconnection as a consultant, ISO/utility engineer, or in an equivalent role is required.
  • Proficiency with power-system modeling and simulation software such as PSS/E, PSLF, PowerWorld, or TARA, or equivalent software, is required.
  • Practical hands-on experience or experience overseeing consultants in validating dynamic models through comparative assessment against PSCAD or EMTP modeling and simulation is required.
  • Strong analytical skills and the ability to interpret complex interconnection study results and develop actionable recommendations are required.
  • Skills in report preparation, data analytics, and cost modeling are required, along with clear written and verbal communication and the ability to translate technical findings for engineering and business audiences.
  • Proficiency with workflow automation and application programming interfaces to scale process development as study volume grows is required.
Responsibilities
  • Prepare materials for utility and grid operator submittals.
  • Track study milestones and support related negotiation processes.
  • Maintain internal records to support study oversight.
  • Ensure model currency across regional grid operator systems.
  • Lead power-flow studies to support load-capacity screening, network-upgrade cost estimation, and system-reliability analysis.
  • Direct system-stability and protection-related studies as needed.
  • Prepare and review clear, decision-ready technical reports and analysis.
  • Translate technical findings for engineering, business, and executive audiences.
  • Drive coordination and alignment across internal teams and stakeholders.
  • Direct external consultants to build and validate power-flow and dynamic models using standard industry software; perform required dynamic-model quality testing as the work is internalized.
  • Own dynamic-model validation and benchmarking through model-quality testing.
  • Drive adoption of workflow automation and modern software tools to scale study throughput as project volume grows.
Desired Qualifications
  • Experience within an ISO/RTO is strongly preferred, followed by consulting-firm or utility experience, with exposure to organized markets such as PJM, ERCOT, MISO, SPP, or the Southeast (Georgia Power, Duke, TVA).
  • Direct exposure to large-load or high-performance-computing/data-center power requirements, including in an academic context, is a strong plus.
  • Demonstrated experience mentoring or leading junior engineers on interconnection studies.
  • Experience presenting study findings and negotiation strategy directly to senior leadership or executive stakeholders.
  • A Professional Engineer license is strongly preferred.

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'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.