The Bitcoin Miner Hut 8 power unit (CABIN) He has achieved a five -year capacity contract with the operator of the Independent Electricity System of Ontario, which gives the firm based in Miami a reliable payment check for 310 megawatts of natural gas generation.
The agreement covers plants in Iroquois Falls, Kingston, Kapuskasing and North Bay, all owned by FAR North, the joint company of Hut 8 with Macquarie Equipment Finance.
As of May 2026, according to a press release, plants will win an average CAD $ 530 ($ 388.5) By Megawatt-Negocio-Negocio in the first year, with partial indexation of inflation. The income comes from an agency with AA3 classification backed by the Government.
Ontario predicts that the demand for electricity will grow by 75% by 2050, with a deficit of up to 5.8 gigawatts already in 2030, adds the launch.
Hut’s shares are higher in more than 15% in the news, which leads to the highest mining sector. Clean park (CLSK)Mara Holdings (Mara) and riot platforms (RIOT) They are a little less than 10%.
Just yesterday, American Bitcoin Corp, an 80% miner of HUT 8 and backed by Eric and Donald Trump Jr., revealed that he raised $ 220 million of accredited investors, of which in Bitcoin, according to a presentation in the SEC.
