“Last year was not profitable for many miners,” said Hut 8 CEO Andrew Kiguel. “[But] we believe that bitcoin is the future of digital money and that our work is crucial."
There are many misconceptions around Bitcoin's energy use and why it’s required to safely and securely transact cryptocurrencies. Let's look at the larger picture.
While China continues to dominate the bitcoin mining market, North America has now gained another significant player who can help decentralize mining power. Hut...