Beacon Point Sets the 1-GW Template While 300 GW Wait in Queue

Hut 8's Beacon Point locked AEP Texas interconnection, NVIDIA silicon, Vertiv gear, and a take-or-pay anchor before a single transformer landed, while 300 GW sits behind it in the ERCOT queue waiting for the same answers. The developers closing deals in 2026 will be the ones who sequenced power, water, and community terms before site selection, not after.