Hut 8 will acquire entry to lots of of megawatts of low-cost power via the merger, whereas U.S. Bitcoin Corp., often known as USBTC, positive factors a associate with a powerful stability sheet. The merger will give the brand new U.S.-based firm entry to capital and the potential for being together with in indexes within the U.S., whereas additionally diversifying the geographic distribution of mining websites throughout North America, the press launch mentioned.
