Toronto Stock Exchange-listed mining company, Hut 8 has recruited Jason Zaluski as Head of Technology to drive its evolving product portfolio and software development roadmap.
In his new role, Zaluski will report directly to CEO Jaime Leverton, overseeing a range of IT operations relating to the company’s mining and investment services. His appointment comes after he held several similar roles at other venues over the course of a career spanning more than 15 years.
Prior to joining Hut 8, Zaluski was manager of Peak Corridor Consulting, a consulting company specializing in cryptocurrency mining facilities and blockchain infrastructure services. During a two-year stint, he worked closely with hardware providers, preeminent organizations, analysts and investors in the space.
Also, he was a founding member of AION, a blockchain startup in Toronto where he co-wrote its whitepaper and led its initial product management, as well as fundraising which resulted in over $23 million.
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Zaluski delivered Nuco’s first Blockchain project for The TMX Group, which set the benchmark for the design, engineering velocity, application design and data analytics in all future projects.
Announcing the appointment, Hut 8 CEO, Jaime Leverton, said: ”On behalf of the entire Hut 8 executive leadership team, we are thrilled to welcome Jason to Hut 8 and are excited to have him join our ambitious talent roster. His experience as a strategic technologist alongside his proven track record for impactful IT operations management and entrepreneurialism will be vital assets to propelling Hut 8’s growth.”
“I am excited to be joining the Hut 8 team and becoming a part of an innovative, Canadian leader in the cryptocurrency sector with a unique position for growth in the market. As a longtime advocate and strategist for the blockchain industry, I look forward to contributing to the organization’s success in such a significant and exhilarating year for Bitcoin,” added Zaluski.
Bitcoin mining is a very competitive industry as miners worldwide are verifying transactions while securing the network for economic incentives. Additionally, the global demand is growing in lockstep with Bitcoin price, which does not show signs of slowing. The abrupt upside movement of the bitcoin price, which made over 300 percent gain in 2020, will pretty much mean solid business for crypto miners like Hut 8 as they are making a lot of money confirming blocks.