Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Seeking Alpha 2023-02-21 12:06:33

Hut 8 Mining updates on counterclaim received for North Bay facility

Hut 8 Mining updates on counterclaim received for North Bay facility
Hut 8 Mining ( NASDAQ: HUT ) announced that it has received the Counterclaim of Validus Power and its subsidiary, Bay Power relating to the ongoing dispute with Validus for failure in meeting its contractual obligations under the power purchase agreement entered into with Hut 8 Mining. The counterclaim is also related to the associated lease between the company and Validus at Hut 8's mining facility in North Bay, Ontario. While Validus denies the allegations, it is also seeking monetary damages.
esptco-banner img
Latest News

Videos

  • Ethereum Vs Bitcoin: Everything you need to know with Similarities & Differences!

  • Bitcoin Halving Explained: Why It Is So Important?

  • What Is Better ? Hardware Mining or Software Mining? Pros & Cons Fully Explained!

  • DCA: Dollar Cost Averaging in Crypto

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire