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A Bitcoin Miner Is Buying Four Entire Power Plants

A company just bought four Canadian natural gas power plants to mine Bitcoin — and train AIs. Hut 8, one of the largest digital asset mining companies in North America, made its "stalking horse bid," a binding offer to buy out an insolvent company, last month, but only declared the bid successful in a […] ....

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Prompt Payment Update—Ontario Superior Court Confirms Adjudicator's Decision Is Not Final

The enactment of prompt payment and fast-track adjudication legislation across Canada has created some uncertainty regarding the finality of an adjudicator s decision. In the recent decision of the Ontario Superior Court of Justice SCJ, Arad Incorporated v Rejali, 2023 ONSC 3949 [Arad], the SCJ considered this issue and ​held that the adjudicator s decision was not a final determination of the parties legal rights.1 ....

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