Josh Rayner joins Hut 8 Mining as Vice President of Sales


Mr. Rayner is an experienced sales leader who brings technical knowledge and expertise in the data center market to the Hut 8 team. Prior to joining Hut 8, Mr. Rayner served as Director of Sales at Beanfield Metroconnect, where he led a high performing sales team.

“We are delighted to welcome Josh to our team to help us strengthen our existing position and expand our new customer base,” said Jaime LevertonPresident and CEO of Hut 8. “As a leader with diverse data center experience and a passionate champion of digital assets, Josh is well positioned to support our continued momentum and will be an asset to our team.”

Over the past decade, Mr. Rayner has held a number of positions including sales, management and data center operations in the technology industry.

“I’m thrilled to join the passionate team at Hut 8. The rapid growth of Hut 8 and the digital asset space is something I’m excited to contribute to,” said Mr. Rayner. “I look forward to continuing this trend and helping Hut 8 expand its position as the leading enabler of digital assets and Web 3.0.”

About the company:

Hut 8 is one of North America leading innovation-driven digital asset miners, led by a team of start-up technologists, bullish on bitcoin, blockchain, web 3.0 and bridging nascent and traditional high-performance computing worlds . With two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontarioall located in Canada, Hut 8 has one of the highest capacity rates in the industry and one of the highest inventories of self-mined Bitcoin of any crypto miner or listed 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 world’s first data center model. data 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 feature on the Nasdaq Global Select Composite Index and the first blockchain company to be added to the S&P/TSX Composite Index in 2021. The team of construction technologists d Hut 8’s business believes in decentralized systems, stewards of powerful edge solutions and drivers of innovation in digital asset mining and high performance computing, with a focus on ESG alignment. 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.

Caution Regarding Forward-Looking Information
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States respectively securities laws (collectively, “Forward-Looking Information”). All information, other than statements of historical fact, included in this press release that addresses activities, events or developments that the Company expects or anticipates will or may occur in the future, including such matters as future business strategy, competitive forces, objectives, business expansion and growth, operations, plans of the Company and other similar matters constitute forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “enable”, ” believes”, “estimate”, “expect”, “predict”, “may”, “could”, “potential”, “predict”, “project”, “is designed for”, “probable” or expressions similar and includes, among other things, statements regarding management’s expectations, expertise, projections, estimates or characteristics of future events or circumstances, the Company’s growing and diverse management team, ability to the Company to strengthen its current position and expand its new customer base, the Company’s ability to grow and expand its position as a leading enabler of digital assets and Web 3.0, and the Company’s ability to continue on its momentum in the field of data centers and managed services.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates which, while believed to be reasonable by Hut 8 as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results, level of activity, performance or achievements to differ materially from those expressed or implied by such forward-looking information, including that the expected timing for the completion of construction and development activities at the Company’s third mine site in North Bay, Ontario will be further delayed due to impacts on the global supply chain, the ability of the Company to make interest payments on any portion drawn from the loan with Trinity Capital, the impact of general economic conditions on the Company, industry conditions, currency fluctuations, taxation, regulations, changes in tax or other legislation, competition from other industry players, lack of qualified personnel or management, volatility of stock markets, political and geopolitical instability and the Company’s ability to access sufficient capital from internal and external sources. The above and other risks are described in more detail under the heading “Risk Factors” in the Company’s Annual Information Form dated March 25, 2021, available at These factors are not intended to represent a complete list of factors that could affect Hut 8; however, these factors should be carefully considered and you should not place undue reliance on forward-looking information. There can be no assurance that such estimates and assumptions will prove to be correct. The forward-looking information contained in this press release is made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or change any statement containing forward-looking information, or the underlying factors or assumptions, whether as a result of new information, future events or circumstances, or otherwise, except as required by law. New factors appear from time to time, and it is not possible for Hut 8 to predict all of these factors or to assess in advance the impact of each of these factors on Hut 8’s business or measurement in which one factor, or combination of factors, could cause actual results to differ materially from those contained in the forward-looking information. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.

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SOURCE Hut 8 Mining Corp

For further information: Media contact: Hut 8, [email protected]


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