Hut 8 to open up in Alberta

Hut 8 to open up in Alberta

Hut 8 to be opened in Alberta, Canada. The Bitfury backed bitcoin mining company publicized the deal with the City of Medicine Hat for receiving 42 megawatts of electricity for mining. Hut 8 is set to bring $100 million for the construction project. The chairman of Hut 8 Board of Directors, Bill Tai, emphasized CMH’s cost-competitive utility rate would help Hut 8 adhere to the growth plans.

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