Nombre total de rapports de communication : 18
Rapports mensuels de communications au cours des 6 derniers mois : 0
Objets | Détails | Catégories |
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Énergie
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Speaking with elected officials and government bureaucrats about bitcoin mining as it relates to energy use. At this time, Hut 8 does not have specific policy aims related to energy use; rather, our primary focus has been to educate public officials and encourage further consultation on a new and rapidly evolving industry so that they can effectively take blockchain technologies into consideration when prescribing policies and maximize economic benefit to Canada.
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Politique ou Programme, Règlement
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Développement économique, Énergie, Impôts et finances
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Speaking with elected officials and government bureaucrats about bitcoin mining as it relates to taxation. Specifically, the Government of Canada proposed amendments to the Excise Tax Act, in February 2022, which will increase the cost of conducting digital asset mining operation in Canada (i.e. computer and IT technology, energy costs, professional and consulting fees) by five to fifteen percent (5% - 15%) significantly impacting our operations. Our primary focus, working with a coalition, has been to educate public officials and encourage consultation on a new and rapidly evolving industry so that they can effectively take cryptocurrency mining into consideration when prescribing tax policies.
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Proposition législative, Projet de loi ou résolution, Politique ou Programme, Règlement
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Développement économique, Énergie, Impôts et finances
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We are seeking to clarify that changes to the Excise Tax Act in Bill C-47 (2023) about Bitcoin and cryptocurrency mining do not apply to miners that sell their hashrate to mining pools that are located outside of Canada, and that we will be able to claim Input Tax Credits as a result. Our work has been focused on educating officials and bureaucrats on the nature of our work and the impact the industry has on the global cryptocurrency and digital asset mining climate.
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Proposition législative, Projet de loi ou résolution, Règlement
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Hut 8 is a publicly-traded digital asset miner, with two sites located in Southern Alberta and a third site in North Bay, Ontario and has one of the highest capacity rates in the industry and one of the highest inventories of self-mined Bitcoin of companies globally. The company also has 36,000 square feet of data centre space and cloud capacity at five locations across Canada. We are revolutionizing this infrastructure to provide high performance computing infrastructure blockchain gaming, and Web 3.0.
Asher Genoot, CEO
Adresse :
24 Duncan Street, suite 500
Toronto, ON M5V 2B8
Canada
Numéro de téléphone :
949-331-5881
Hut 8 Corp. n'est pas une filiale d'une société mère.
Hut 8 Corp. ne possède aucune filiale qui pourrait être directement intéressée au résultat de l'engagement