US Bitcoin Corp and Hut 8 announce merger of equals — Read more here.

US Bitcoin Corp (USBTC) Secures Deal with Celsius to Host 8,500 Miners at the Alpha Site

MIAMI–(BUSINESS WIRE)–U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads such as digital asset mining, is thrilled to announce that it has secured a deal with Celsius Network LLC (“Celsius”) to host an initial 8,500 miners with an estimated sticker hashrate […]

US Bitcoin Corp selected to manage restructured mining division of Celsius Network LLC

MIAMI–(BUSINESS WIRE)–US Data Mining Group Inc. dba US Bitcoin Corp (“USBTC”), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network […]

Hut 8 and US Bitcoin announce merger of equals

Transaction is expected to dramatically enhance trajectory of the digital asset mining business: 5.6 EH/s installed self-mining capacity at five sites across North America Combined Company’s diversification strategy to expand significantly, establishingnew, fiat revenue generating lines of business: 220 MW of hosting infrastructure at King Mountain, Texas Managed infrastructure operations powered by 680 MW at Kearney, Nebraska,Granbury, Texas, and […]