Partnership brings global
edge cloud services provider Zenlayer to Canada
TORONTO, Aug. 23,
2022 /CNW/ - Hut 8 Mining Corp.
(NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one
of North America's largest, innovation-focused digital
asset mining pioneers and high-performance computing infrastructure
provider, has signed a partnership with Zenlayer, a massively
distributed edge cloud service provider, to bring industry-leading
edge computing solutions to Web 3.0, blockchain, and enterprise
customers.
The partnership enables Hut 8 customers to instantly deploy and
run their applications using Zenlayer's edge cloud platform.
Users can easily self-provision compute and networking services
through APIs or an online console accessible to more than 40
countries in the world. In addition, Zenlayer's customers will now
be able to tap into the Canadian market as Zenlayer deploys
additional cloud regions with Hut 8 at their Kelowna and Mississauga data centres.
"We are thrilled to welcome Zenlayer as a trusted partner to
mutually enhance our offerings for high-performance computing to
our existing and future customers," said Jaime Leverton, CEO Hut 8. "Zenlayer is a global
leader in edge cloud services, and we are proud to be the first to
bring their services to Canada and
continue growing the cloud solutions landscape for Web 3.0,
blockchain, and enterprise customers."
"Hut 8's allocated digital asset mining and open-source
distributed ledger technology make them a market leader in the
crypto industry," said Joe Zhu,
Founder and CEO of Zenlayer. "We are delighted to partner with Hut
8 to provide joint solutions to the growing blockchain and Web 3.0
ecosystem, and look forward to deeper product integrations in the
future."
About Hut 8
Hut 8 is one of North America's largest
innovation-focused digital asset miners, led by a team of
business-building technologists, bullish on bitcoin, blockchain,
Web 3.0 and bridging the nascent and traditional high performance
computing worlds. With two digital asset mining sites located
in Southern Alberta and a third site in North Bay,
Ontario, all located
in Canada, Hut 8 has one of the highest capacity rates in the
industry and one of the highest inventories of self-mined Bitcoin
of any digital asset miner or publicly-traded company globally.
With 36,000 square feet of geo-diverse data centre space and cloud
capacity connected to electrical grids powered by significant
renewables and emission-free resources, Hut 8 is revolutionizing
conventional assets to create the first hybrid data centre model
that serves both the traditional high performance compute (Web 2.0)
and nascent digital asset computing sectors, blockchain gaming, and
Web 3.0. Hut 8 was the first Canadian digital asset miner to list
on the Nasdaq Global Select Market. Through innovation,
imagination, and passion, Hut 8 is helping to define the digital
asset revolution to create value and positive impacts for its
shareholders and generations to come.
About Zenlayer
Zenlayer is a massively distributed edge cloud provider,
operating more than 270 Points of Presence across
45+ countries. Businesses utilize Zenlayer's on-demand
cloud compute and networking services to deploy and run
applications at the edge.
Zenlayer enables organizations to instantly improve
real-time digital experiences at scale. Visit us online at
www.zenlayer.com and connect with us
on LinkedIn and Twitter.
Cautionary Note Regarding
Forward–Looking Information
Certain information in this press release, including with
respect to the Company's future financial and/or operating
performance, constitute "forward-looking information" and
"forward-looking statements" withing the meaning of Canadian
securities laws and United States
securities laws, respectively (collectively, "forward-looking
information"). In some cases, but not necessarily in all cases,
forward-looking information can be identified by the use of forward
looking terminology such as "plans", "targets", "expects" or "does
not expect", "is expected", "an opportunity exists", "is
positioned", "estimates", "intends", "assumes", "anticipates" or
"does not anticipate" or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might", "will" or "will be taken", "occur" or
"be achieved". In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances contain forward-looking information.
Statements containing forward-looking information are not
historical facts but instead represent management's expectations,
estimates and projections regarding future events.
Forward-looking information is necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by the Company as of the date of this press release, are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, level of activity,
performance or achievements to be materially different from those
expressed or implied by such forward-looking information,
including, but not limited to, the factors described in greater
detail in the "Risk Factors" section of the Company's Annual
Information Form dated March 17,
2022, and Hut 8's other materials filed with the Canadian
securities regulatory authorities and the United States Securities
and Exchange Commission from time to time, available at
www.sedar.com and www.sec.gov, respectively. These factors are not
intended to represent a complete list of the factors that could
affect the Company; however, these factors should be considered
carefully. There can be no assurance that such estimates and
assumptions will prove to be correct. The forward-looking
statements contained in this press release are made as of the date
of this press release, and the Company expressly disclaims any
obligation to update or alter statements containing any
forward-looking information, or the factors or assumptions
underlying them, whether as a result of new information, future
events or otherwise, except as required by law.
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SOURCE Hut 8 Mining Corp