Hut 8, the bitcoin mining company, has completed construction of new mines after acquiring nine data centres owned by Bitfury

Hut 8 Mining Corp has completed construction of its Drumheller mine after acquiring nine data centres from Bitfury for $7m, according to Bitcoin Exchange Guide. Hut 8 CEO Andrew Kiguel believes the acquisition will enable the Drumhekker facility to fully function and provide Hut 8 with full ownership of the company.
Hut 8, one of Canada's largest mining companies with an exclusive north American partnership with veteran mining giant Bitfury, started mining bitcoin in December 2017, and has dug up 12,305 bitcoins as of September 30 this year. The latest acquisition increases Hut 8's overall capacity by 16%, increasing its operating capacity to approximately 110 MW and 963 PH/s.

Text link:https://bitcoinexchangeguide.com/bitcoin-mining-company-hut-8-acquires-9-datacenters-from-bitfury-for-7-million/

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