TechFlow reports that Hut 8 has announced its Chief Commercial Officer, Matt Prusak, will resign on January 31. The company will take over five mining facilities in Texas previously operated by Celsius and provide "end-to-end management services." Matt Prusak will become the CEO of the related mining sites.
Hut 8 has signed a four-year agreement with Celsius, under which it will pay $20 million annually in management fees to gain control of the facilities. Prior to bankruptcy, Celsius invested hundreds of millions of dollars building these sites, achieving a total mining capacity of 12 exahash (EH/s).
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