A new business announcing plans to set up shop in Medicine Hat
MEDICINE HAT – The City of Medicine Hat has entered a 10 year agreement with a company that deals with cryptocurrency mining and blockchain infrastructure.
The deal which was announced during Monday night’s City Council meeting, will see Hut 8 Mining Corp invest $100 million in Medicine Hat.
Sean Clark, the CEO of Hut 8, said Medicine Hat will be company’s development centre and data centre.
“The way that out data centres work is that we actually have 40 foot Sea Can containers and we will be putting 40 of them in the location