Business Barbados 2022

HUT 8 MINING When the legendary Alan Turing created the Bombe, a machine that cracked the Enigma code during World War II, his inspirational, world-changing success story unfolded in a modest single-storey wooden building called Hut 8, at Bletchley Park in England. It is in honour of Turing, whose innovations in codebreaking laid the foundation for Blockchain as it stands today, that Hut 8 Mining is so named. Having first started supporting open and decentralized systems in 2018, Hut 8 has since established itself as one of North America’s largest innovation- focused digital asset miners. Located in energy rich Alberta and North Bay, Ontario, Canada, Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined Bitcoin than any other crypto miner or publicly traded company globally. Through demonstrating rapid growth and a stellar balance sheet, Hut 8 became the first publicly traded miner on the TSX and the first Canadian miner to be listed on The Nasdaq Global Select Market. Hut 8’s team of business building technologists are believers in decentralized systems, stewards of powerful industry-leading solutions, and drivers of innovation in digital asset Pioneering the Global Digital Economy Above: Hut 8 data mining centre in Alberta, Canada BUSINESS BARBADOS 2022 19 H U T 8 M I N I N G