Hut 8 Corp. appoints Asher Genoot as CEO, replacing Jaime Leverton amid competition and cryptocurrency challenges.

Hut 8 Corp., a major Bitcoin mining company, has appointed Asher Genoot as its new CEO, replacing Jaime Leverton. The move follows recent criticism from a short-seller report and increasing competition in the mining sector. Genoot, who was previously the company's president and a board member, is expected to lead the company through upcoming challenges, such as a forthcoming Bitcoin code update and increased mining costs.

February 07, 2024
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