Bitfury introduced blockchain to a mining company

Hut 8 Mining Corp. began trading under symbol "HUT"
07 March 2018   152

One of the largest listings happened yesterday, March 6: mining company Hut 8 Mining Corp. in Toronto is now traded on TSX Venture Exchange. The public listing looks to be a significant one as Hut 8 currently operates 100,000 machines with plans to engage 220,000 more terminals in the span of the coming six months. Such statistics makes Hut 8 the world's largest crypto-mining company whose shares can be bought publicly.

Today’s listing on the TSXV is a milestone for Canadian investors, who can now access one of the world’s largest publicly traded crypto-mines without purchasing the underlying cryptocurrency. In crypto-mining, scale is what determines success in the short term, but is also what allows mines to weather any volatility over the long term. Our exclusive partnership with Bitfury, one of the world’s leading full-service Blockchain companies, facilitates the kind of scale that will allow us to deliver ongoing value to investors.


Sean Clark

Interim Chief Executive Officer, Hut 8

Bitfury officially backs Toronto company and it will be represented with a symbol "HUT" at the exchange. Also in the announcement it was mentioned that a veteran venture capitalist and leading world figure in blockchain Bill Tai will lead the board of directors of the company.

Listing on the TSX Venture Exchange is a milestone for the growth of Blockchain and cryptocurrency companies. We look forward to continuing our work with Hut 8 as we advance this technology and its value in North America.


Valery Vavilov

Chief Executive Officer, Bitfury

Hut 8 intends to further deepen the cooperation with Bitfury by using its resources of hardware, software and technology to design low cost data centres and attractive capabilities.

Monetha is about to release first version of its wallet app

Monetha's MVP to be released on March 21 exclusively for MTH holders in order to make a significant step towards fully working decentralized trust and reputation system
23 March 2018   72

Starting from March 31 all of MTH token holders will gain exclusive access to Monetha wallet app - the MVP of the project. The release is considered to be Beta release, and approximately 10,500 of the users of the platform will become the first to test out the product. The app will be available on both iOS and Android.

The wallet itself is based on smart contracts and features

  • making/solving claims;
  • rating merchants;
  • writing reviews;
  • review of purchase history;
  • see clients' and merchants' trust ratings

The integration with Monetha through the app will allow merchants to accept Ethereum based tokens as a payment and then easily convert cryptocurrency into fiat currency. Monetha's mission is 'to develop and deploy the best transaction system that would be based on enforceable contracts without third party between consumer and merchants and a strong decentralised reputation management system'. Its solution is going to be universal, transparent, self-executing and transferable.

To the moment of the publication, Monetha's market parameters are as follows:

Average price: $0.102597

Market cap: $22,274,083

Volume (24): $435,208