{
  "id": "FIE005B-005",
  "name": "Hut 8 / Beacon Point — Texas",
  "domain": "ai-infrastructure",
  "geography": "Texas, US",
  "state_date": "2026-09-15",
  "capacity": {
    "headline_mw": 1330,
    "contracted_it_mw": 704,
    "utility_capacity_mw": 1330,
    "usable_mw": 704,
    "compute_ready": "not established",
    "usable_ratio": 0.5293
  },
  "dependencies": [
    "staged delivery",
    "construction/fit-out",
    "energization by phase",
    "compute deployment"
  ],
  "economic_context": {
    "second_lease_term_years": 15,
    "second_lease_value_usd": 9800000000
  },
  "evidence_ids": [
    "EV-FIE005B-005-001",
    "EV-FIE005B-005-002"
  ],
  "change_ids": [],
  "status": "active-research",
  "unknowns": [
    "delivery timing by phase",
    "status of uncontracted utility capacity",
    "compute deployment timing"
  ]
}