The Bitcoin Network Needs More KYC Controls – The Daily Dive
Joining us today on the Daily Dive is that of Suzanne Ennis, VP of Investor Relations and Corporate Development at Hut 8 Mining (TSX: HUT, NASDAQ: HUT). Sue returns to the show today to discuss crowdfunding within the cryptocurrency markets, global sanctions against Russia as they relate to crypto, and the recent concerns related to digital currency ATM’s. Also discussed is Hut 8’s HODL strategy, why the company is paid for ETH mining in BTC, and the recent partnership announced with Enthusiast Gaming.
Hut 8 prides itself as one of North America’s oldest and largest digital asset miners, navigating the Bitcoin market cycles and supporting sovereign systems since 2018. It is the first publicly traded miner on the TSX and the first Canadian miner to be listed on The Nasdaq Global Select Market. The crypto miner claims to have one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly traded company globally.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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