Bitcoin Miners Hut 8, US Bitcoin Corp. Announce Merger

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Bitcoin mining firms Hut8Mining and U.S. Bitcoin Corp. are merging to form a new company with access to 825 MW of energy. Egreechee reports

Bitcoin mining firms Hut 8 Mining and U.S. Bitcoin Corp. agreed to merge into a single company with access to about 825 megawatts of energy capacity.

The two firms will be wholly owned subsidiaries of the newly formed Hut 8 Corp. Shareholders of the two will each own about 50% of the merged company, they said in a

 

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