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Canadian Court Backs Bitcoin Miner's Bid for Gas-Fired Power Plants

Canadian Court Backs Bitcoin Miner's Bid for Gas-Fired Power Plants
powermag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from powermag.com Daily Mail and Mail on Sunday newspapers.

Hut 8 Mining Corp: Hut 8 receives Court approval for a stalking horse bid for four natural gas power plants and the North Bay Bitcoin mine

Hut 8 Mining Corp: Hut 8 receives Court approval for a stalking horse bid for four natural gas power plants and the North Bay Bitcoin mine
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Hut 8 receives Court approval for a stalking horse bid for four natural gas power plants and the North Bay Bitcoin mine

Hut 8 seeking to become a vertically integrated mining operation and expand into energy operations, enhancing its infrastructure portfolio TORONTO, Nov. 3, 2023 /PRNewswire/ - Hut 8 Mining Corp. .

Bankruptcy proceedings resume soon for Validus Power

Bankruptcy proceedings resume soon for Validus Power
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Updated News -Northern Ontario Power Plant Operators Forced into Bankruptcy

Validus Power Corp., the operator of a power plant in Northern Ontario, has been placed into receivership due to financial difficulties. Validus Power Corp. was responsible for the operation of the power plant through an agreement with Macquarie Equipment Finance Ltd. In April 2022, Macquarie Equipment Finance Ltd. acquired the turbines, plant, and equipment from…

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