Bitcoin Mining Firm Hut 8 Set to Complete Merger with US Bitcoin

Bitcoin mining company Hut 8 is preparing to finalize its planned merger with US Bitcoin following approval from the British Columbia Supreme Court. This merger will transform both companies into publicly traded entities based in the United States and will be named “New Hut.” The merger will not only result in a financial exchange but will also significantly increase the technical capacity, bringing an 825-megawatt capacity expansion across six different Bitcoin mining and data center facilities.The post Bitcoin Mining Firm Hut 8 Set to Complete Merger with US Bitcoin appeared first on COINTURK NEWS.