Blockchain
Hut 8 Signs Partnership with Foundry
Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has signed a partnership with Foundry Digital LLC (“Foundry”), a wholly-owned subsidiary of Digital Currency Group Inc. (“DCG”) focused on digital asset infrastructure. The deal marks the first significant Blockchain-industry win for Hut 8’s high performance computing business.
Hut 8 will support multiple lines of business for Foundry, initially at the company’s Mississauga, Ontario data centre with plans to expand into the Kelowna, British Columbia data centre for infrastructure support across Canada. Foundry works with the North American digital currency mining and staking industry bringing institutional expertise, capital and market intelligence to help build decentralized infrastructure.
“We are delighted to welcome Foundry, who we’ve long supported through their digital asset mining pool, to our high performance computing data centre in Mississauga, Ontario,” said Jaime Leverton, CEO of Hut 8. “Foundry is a leader in the digital asset industry, and we look forward to enabling their continued growth with cutting-edge infrastructure.”
“Hut 8 has been a trusted partner of Foundry’s since 2020,” said Dan Magnuszewski, CTO of Foundry. “As Bitcoin industry veterans with expertise in data centre infrastructure, Hut 8 knows our industry intimately, which is why they were a natural fit when we sought infrastructure services.”
Blockchain
Accredited Solutions, Inc. Announces Strategic Acquisition of GlobeTopper, a $37M Revenue Platform Acquisition to Anchor Fintech Strategy
Blockchain
DIGZAX Enhances Collaborative Security System, Pioneering New Heights in Cryptocurrency Trading
DIGZAX
Blockchain
CryptoBlox Signs Amended & Restated Share Purchase Agreement to Acquire Blockchain Fintech
-
Blockchain Press Releases6 days ago
FDUSD Expands to the Solana Blockchain to Further Strengthen and Bolster Access
-
Blockchain5 days ago
DNA Holdings Venture Inc. and Validation Cloud Partner to Deliver $50M Institutional SOC 2 Compliant Staking Solution on TON
-
Blockchain Press Releases5 days ago
Bybit Launches Localized Website for Kazakhstan Community, Offering Comprehensive Crypto Trading Services
-
Blockchain6 days ago
XSOLLA TO LAUNCH XSOLLA ZK, ADVANCING WEB3 ADOPTION FOR VIDEO GAMES
-
Blockchain7 days ago
OKX Celebrates “A New Alternative for the UAE” with ‘Trade Like a Pro’ Brand Campaign Featuring Local Influencers
-
Blockchain4 days ago
Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees
-
Blockchain Press Releases4 days ago
Bybit Protects First-Time Copy Traders Against Potential Fiat Losses in Limited-Time Offer
-
Blockchain Press Releases7 days ago
Nomic Launches Babylon Bitcoin Staking Smart Contract on Ethereum