NEWS Hut 8’s Ontario Bitcoin Mining Operation Halted Amidst Power Disputes

[Google News Bot]

The mining company confirmed the operation is still shuttered after contractual disagreements with their power provider, Validus Power.Hut 8’s bitcoin mining operation in North Bay, Ontario has come to a standstill after a set of disagreements with its Canadian-based energy provider, Validus Power. Previously, Hut 8 notified the public of problems with Validus in November 2022, as the firm reported in its Q3 operations update that it had issued a notice of default to Validus for “failing to hit certain operational milestones.” Mining at the facility site was completely halted two w ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.