Hut 8, a prominent Bitcoin mining company, has announced the sale of its four natural gas power plants in Ontario, Canada, totaling 310 MW, to TransAlta, a publicly traded Canadian power generator. This strategic move aligns with Hut 8's focus on expanding its operations in Bitcoin mining and high-performance computing (HPC) infrastructure.
Hut 8 Sells Ontario Gas Plants to TransAlta, Shifts Focus to Bitcoin Mining and HPC
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