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Home»Crypto News Flash»North American mining companies develop encrypted mines

North American mining companies develop encrypted mines

Crypto News Flash October 24, 2021
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On October 24th, North American mining company Hut 8 Mining announced that the third mine developed in cooperation with Validus Power Corp. (“Validus”) is underway. The project is located in North Bay, Ontario, with an installed capacity of 35MW and is expected to be put into use by the end of 2021.

The North Bay site will enable Hut 8 to use a mixture of by-product steam, hydrogen, and natural gas, as well as a secondary geothermal system connected to the data center facility to generate electricity.

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