Hut 8 Mining Corp. is a cryptocurrency mining company based in Canada. It focuses primarily on the mining of Bitcoin, one of the most well-known cryptocurrencies. Hut 8 operates data centers that use specialized hardware to solve complex mathematical problems, which is how new bitcoins are created and transactions are verified on the blockchain. The company was founded in 2017 and has gained recognition for its commitment to using excess energy and efficient practices in its operations.
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