Hut8 borrows ~$12M from DCG’s Foundry to order new bitcoin miners
North American bitcoin mining farm operator Hut 8 has said it is borrowing $11.8 million from Digital Currency Group’s mining subsidiary Foundry to expand its mining operations. The Canada-listed firm said in an announcement Friday that it is using the loans to order 5,400 units of MicroBT’s WhatsMiner M30S model.
