This document discusses opportunities and challenges for text mining the HathiTrust Digital Library. It provides an overview of HathiTrust, the goals of the HathiTrust Research Center (HTRC) to enable computational analysis while preserving restrictions, and examples of research projects utilizing the collection. These include enhancing metadata, performing large-scale text mining on HPC resources, and identifying author gender from names in the metadata. The HTRC aims to develop tools and infrastructure for computational analysis of the collection through a "workset" access model and secure computing environment.