TORONTO, April 26, 2021 /CNW/ - Hut 8 Mining Corp. (TSX:
HUT), one of North America's
oldest, largest, and innovation-focused bitcoin mining
pioneers, is delighted to announce Ronnie Yu as Hut 8 Mining's Head of
Sustainability.
Ronnie Yu is a risk mitigation
and power markets specialist with over 15 years of experience
executing deals across renewable energy markets, power markets,
emissions origination, hedging, commercials and finance in
North America. He joins Hut 8 from
his previous role at Bullfrog Power, where he was responsible for
its renewable energy procurement initiative and executing
Bullfrog's first long-term Alberta-based solar Power Purchase Agreement
in July 2020.
"We are thrilled to welcome Ronnie to the Hut 8 team. His
expertise in renewable energy and natural resources will be an
asset to advancing Hut 8's ESG initiatives and will support our
continued focus on innovation and sustainable mining practices,"
said Jaime Leverton, CEO, Hut 8. "At
Hut 8, we are passionately innovating to shift fear and doubt about
Bitcoin mining's relationship to the environment toward
industry-leading, scalable energy solutions and we are so excited
to have Ronnie's leadership helping us to achieve these goals."
"I am thrilled to be joining the world class management team at
Hut 8," said Ronnie Yu. "I look
forward to contributing to the Company's continued growth, while
increasing Hut 8's focus on operating in a sustainable impactful
manner and executing on our decarbonization initiatives."
Ronnie is a proven leader and has originated and structured
various power hedging agreements in Alberta and US markets. Ronnie has a Bachelor
in Commerce from the University of
Calgary and a Masters of Business Administration from the
University of Alberta, specializing in
Natural Resources and Energy.
About Hut 8:
Hut 8 is one of North America's
oldest, largest and most innovative bitcoin miners. Hut 8 has one
of the highest installed capacity rates in the industry and is #1
globally in held, self-mined Bitcoin of any crypto miner or
publicly traded company. Recently ranked 11th (of 10,000) on the
2021 OTCQX® Best 50, and the first publicly traded miner on the
TSX, the Hut 8 leadership team is continually looking for ways to
accelerate innovation in high performance computing, and the
blockchain ecosystem. We are stewards of powerful, industry-leading
solutions, and drivers of innovation in digital asset mining and
high performance computing. – Hut 8 applies a growth mindset to our
revenue diversification, ESG and carbon footprint reduction
strategy. We are a company committed to growing shareholder value
regardless of #BTC market direction. #HodltheHut.
SOURCE Hut 8 Mining Corp