Bitfury to establish North America's largest Bitcoin data centers

posted 6 days ago
Hut 8 Mining Corp. today announced it is partnering with the Bitfury Group to acquire, install, maintain and operate North America’s largest bitcoin mining data centers.

Bitfury, the world’s leading full-service blockchain technology company, will exclusively provide to Hut 8 a bitcoin mining solution comprised of a proprietary mix of hardware, software, installation and operational services.

“This partnership signifies the growing demand for access to Bitcoin investment opportunities across North America,” said Sean Clark, CEO of Hut 8. “Bitfury’s market share, unmatched computing power, and ability to scale, in combination with a Board of Directors that former hedge fund manager Michael Novogratz and renowned venture capitalist Bill Tai have both agreed to serve on, offers Hut 8 an extreme advantage in a competitive marketplace.”

“We are excited to partner with Hut 8 to expand our activities in the strategic North America market,” said Bitfury CEO, Valery Vavilov. “We believe there is a tremendous opportunity to establish North America as one of the most important crypto-currency mining hubs in the world.”

Hut 8 is a bitcoin mining company led by CEO Sean Clark that gives shareholders access to the price appreciation of bitcoin and the emerging blockchain economy. The following individuals have consented to act as the directors of Hut 8: Michael Novogratz, George Kikvadze, Bill Tai, Marc van der Chijs and Valery Vavilov.

Tags: bitcoin, news