Major move in the Bitcoin mining space: Hut 8 has locked in a partnership with Google, backed by financing structured around a substantial 15-year lease agreement. This long-term deal signals growing institutional confidence in crypto mining infrastructure and highlights how mainstream tech players are increasingly participating in BTC ecosystem development. The extended commitment reflects both parties' conviction in mining viability at scale. Industry watchers are noting how such partnerships could reshape mining economics and energy sourcing strategies going forward.
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Major move in the Bitcoin mining space: Hut 8 has locked in a partnership with Google, backed by financing structured around a substantial 15-year lease agreement. This long-term deal signals growing institutional confidence in crypto mining infrastructure and highlights how mainstream tech players are increasingly participating in BTC ecosystem development. The extended commitment reflects both parties' conviction in mining viability at scale. Industry watchers are noting how such partnerships could reshape mining economics and energy sourcing strategies going forward.