Hut 8 partners with Zenlayer to bring on-demand high-performance computing to Web 3.0 and blockchain customers

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Partnership brings global edge Zenlayer cloud service provider at Canada

TORONTO, August 23, 2022 /PRNewswire/ – Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) (“Hut 8” or the “Company”), one of America’s foremost pioneers in the exploration of innovation-driven digital assets and high-performance computing infrastructure du Nord provider, has signed a partnership with Zenlayer, a massively distributed edge cloud service provider, to bring cutting-edge 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-provide compute and networking services through APIs or an online console accessible in over 40 countries worldwide. Additionally, Zenlayer customers will now be able to access the Canadian market as Zenlayer rolls out additional cloud regions with Hut 8 at their Kelowna and Mississauga data centers.

“We are delighted to welcome Zenlayer as a trusted partner to mutually enhance our high performance computing offerings for our existing and future customers,” said Jaime LevertonCEO Hut 8. “Zenlayer is a global leader in cutting-edge cloud services, and we’re proud to be the first to bring their services to Canada and continue to grow 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 it a market leader in the crypto industry,” said Joe Zhu, Founder and CEO of Zenlayer. “We are excited 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-driven digital asset miners, led by a team of startup technologists, bullish on bitcoin, blockchain, web 3.0 and connecting the nascent and traditional worlds of high-performance computing. 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 self-mined Bitcoin stocks of any digital asset miner or publicly traded company in the world. With 36,000 square feet of geo-diverse data center space and cloud capacity connected to power grids powered by significant renewable and emission-free resources, Hut 8 is revolutionizing conventional assets to create the first model of data center hybrid that serves both traditional high-performance computing (Web 2.0) and the emerging sectors of digital asset computing, 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 helps 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 over 270 points of presence in over 45 countries. Enterprises use Zenlayer’s on-demand cloud computing 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 at LinkedIn and Twitter.

Caution Regarding Forward-Looking Information

Certain information contained in this press release, including with respect to the future financial and/or operating performance of the Company, constitutes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States respectively securities laws (collectively, “Forward-Looking Information”). In some, but not necessarily all, cases, forward-looking information can be identified by the use of forward-looking terms 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 these words and phrases or state that certain actions, events or results “could”, “could”, “would”, “could”, “will” or “will be taken”, “occur” or “will be achieved” . In addition, any statement that refers to expectations, projections or other characterizations of future events or circumstances contains forward-looking information. Statements containing forward-looking information are not historical facts but rather represent management’s expectations, estimates and projections regarding future events.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates which, although 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 which may cause actual results, level of activity, performance or achievements to differ materially from those expressed or implied by such forward-looking information, including, but not limit, the factors described in more detail in the “Risk Factors” section of the Annual Information Form dated March 17, 2022, and other Hut 8 documents filed with Canadian securities regulators and the United States Securities and Exchange Commission, available at www.sedar.com and www.sec.gov, respectively. These factors are not intended to represent a complete list of factors that could affect the Company; however, these factors should be carefully considered. 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 modify any statements containing forward-looking information, or the underlying factors or assumptions, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Hut 8 Mining Corp

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