Hut 8 Secures Major Power Contracts in Canada
8
2
BTCCSquare news:
Hut 8 Corp's subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). This strategic move strengthens Hut 8's energy infrastructure platform, positioning it for sustained growth in the competitive crypto mining sector.
The contracts underscore Hut 8's commitment to operational efficiency and long-term sustainability. By securing stable power capacity in Ontario, the company mitigates one of the most significant cost variables in Bitcoin mining operations.
By:
Previous
Controversial ’One Big Beautiful Bill’ Narrowly Passes Senate, Heads to House
Next
Machine DeFi Bridges Digital Finance with Physical Infrastructure
