Industry committee  The other thing I want to point out is that Hut 8 is one of the founding members of the global Bitcoin mining council, which publishes research on a quarterly basis that specifically addresses the energy sources of Bitcoin mining around the world. What we've been able to demonstr

Industry committee  Thank you so much. I talked about that in my opening remarks. In the example of our site in Medicine Hat, our ability to consume that energy when it's not required by the local community means it's a completely efficient system.

Industry committee  Yes. Mining in the context of your question is really proof-of-work mining. Proof of work is the type of mining used for Bitcoin. Ethereum used to use that same technology, but recently moved to proof of stake. Brad did a very good job of touching on it. We in the mining industr

Industry committee  The lack of clarity and the lack of support from a funding perspective have ultimately driven a lot of our talent away. Canada was very early in this ecosystem. Tons of talents were born in Canada. They are subsequently taking their businesses, their innovation and their property

Industry committee  Thank you, Chair and members of the industry committee, for having me here today. My name is Jaime Leverton, and I am the CEO of Hut 8. As we begin, I would like to acknowledge, on behalf of Hut 8, that our corporate office is located on the unceded territories of the Anishinab