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Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Technology Software - Application
Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.


NDAQ:HUT - Post by User

Hut 8 Corp > Hut 8 Mining Partners With Validus Power To Develop Low Cost
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Comment by dload7on Feb 22, 2021 11:25am
109 Views
Post# 32626323

RE:RE:RE:Hut 8 Mining Partners With Validus Power To Develop Low Cost

RE:RE:RE:Hut 8 Mining Partners With Validus Power To Develop Low Cost
Rejean1 wrote: ..." The partners are exploring the co-development of an industrial scale energy generation platform that would take full advantage of the proprietary technologies and expertise of both companies. Together, Hut 8 and Validus believe they will be able to support and advance long-term ESG objectives while delivering financial innovation and positive overall outcomes"

Sounds to me like HUT and  is investing in ESG R&D.  Sounds good to me if they are on to developing new and innovative energy solutions. Time will tell.

ESG stands for Environmental, Social, and Governance. Investors are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth opportunities.


How much will be invested in the ESG R&D ?   

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