{"id":393632,"date":"2024-02-01T17:00:38","date_gmt":"2024-02-01T17:00:38","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=393632"},"modified":"2024-02-01T15:31:49","modified_gmt":"2024-02-01T15:31:49","slug":"hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/","title":{"rendered":"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/companies\/hut-8\/\">Hut 8<\/a> has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic's <a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin<\/a> mining operations.<\/p>\n<p>This move was <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/02\/01\/2821800\/0\/en\/Hut-8-proceeding-with-full-mining-operations-plan-to-provide-managed-services-to-Ionic-Digital-in-connection-with-Celsius-Network-LLC-bankruptcy-proceedings.html\">announced<\/a> on Feb. 1, marking a significant development for Ionic, a mining-focused entity that recently emerged from <a href=\"https:\/\/cryptoslate.com\/companies\/celsius-network\/\">Celsius's<\/a> Chapter 11 bankruptcy. Ionic would be <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/01\/26\/2817793\/0\/en\/Chief-Commercial-Officer-Matt-Prusak-leaving-Hut-8-as-part-of-planned-transition-to-Celsius-Bitcoin-mining-company.html\">led<\/a> by the former Chief Commercial Officer of Hut 8, Matt Prusak.<\/p>\n<p>Per the statement, Hut 8 will assume responsibility for maintaining and expanding Ionic's four existing sites in Midland, Texas, and will also be saddled with the development and operation of Ionic's Cedarvale site. Additionally, Hut 8 will host 8,500 Ionic miners at its Niagara Falls, New York facility.<\/p>\n<p>Hut 8 CEO Jaime Leverton revealed that Hut 8 has been <a href=\"https:\/\/cryptoslate.com\/bitcoin-miner-hut-8-to-develop-mining-facility-for-bankrupt-celsius-in-texas\/\">designing<\/a> and constructing the Cedarvale site since December. He added:<\/p>\n<blockquote><p>&#8220;Our managed services offering is distinct within the industry and ultimately differentiated Hut 8 as the best partner to manage Celsius\u2019 mining operations through Ionic Digital,&#8221; Leverton said.<\/p><\/blockquote>\n<p>When the Cedarvale site is completed, Hut 8 will oversee an impressive 127,000 miners, boasting a nameplate hashrate of 12 EH\/s and supported by a robust 300 MW energy infrastructure in the first year of the managed services agreement.<\/p>\n<p>Hut 8 anticipates a positive substantial financial impact for its management services. The firm revealed that the deal will generate a projected total cash revenue of $81.5 million during the four years. Its\u00a0potential earnings could surpass $100 million contingent on meeting key milestones, potentially leading to an extension of the agreement to a five-year term.<\/p>\n<p>Additionally, it stated that it would receive equity compensation from Ionic during the period.<\/p>\n<p>Hut 8 further disclosed that it had acquired a stake in Ionic. The BTC miner acquired \u00a0374,261 shares valued at $6.4 million in cash, and another acquisition is slated before May 31. This investment will allow it to secure two board seats at Ionic Digital, with one director being Asher Genoot, the president of Hut 8.<\/p>\n<h2>Celsius emerges from bankruptcy.<\/h2>\n<p>Defunct crypto lender Celsius emerged from its bankruptcy on Jan. 31, revealing plans to <a href=\"https:\/\/cryptoslate.com\/celsius-billion-dollar-ethereum-shift-stirs-speculation-on-creditor-payback-plans\/\">distribute<\/a> more than $3 billion to its creditors.<\/p>\n<p>The firm <a href=\"https:\/\/cases.stretto.com\/public\/x191\/11749\/PLEADINGS\/1174901312480000000163.pdf\">said<\/a> it would utilize payment company PayPal and cryptocurrency exchange Coinbase to distribute the cryptocurrencies to its creditors. It added that it will shutter its mobile and web applications by Feb. 28.<\/p>\n<blockquote><p>&#8220;Please note that because of the volume of distributions and security measures, it will take up to 2 weeks for the Debtors to send all instructions. We know you have all waited a long time, but please be patient,&#8221; Celsius <a href=\"https:\/\/twitter.com\/CelsiusUcc\/status\/1752831531171926247\">said<\/a>.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Hut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic&#8217;s Bitcoin mining operations. This move was announced on Feb. 1, marking a significant development for Ionic, a mining-focused entity that recently emerged from Celsius&#8217;s Chapter 11 bankruptcy. Ionic would be led by the former Chief [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":393639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2376],"tags":[76841,77137,79278],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital<\/title>\n<meta name=\"description\" content=\"Hut 8 takes helm of Ionic Digital&#039;s Bitcoin mining operations in strategic four-year agreement that would yield approximately $82 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital\" \/>\n<meta property=\"og:description\" content=\"Hut 8 takes helm of Ionic Digital&#039;s Bitcoin mining operations in strategic four-year agreement that would yield approximately $82 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-01T17:00:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-01T15:31:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/02\/hut8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/hardeyjumoh\",\"https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo\",\"https:\/\/muckrack.com\/oluwapelumi-adejumo\"]},\"headline\":\"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital\",\"datePublished\":\"2024-02-01T17:00:38+00:00\",\"dateModified\":\"2024-02-01T17:00:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\"},\"wordCount\":416,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"Bitcoin mining\",\"Celsius\",\"Ionic\"],\"articleSection\":[\"Mining\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\",\"url\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\",\"name\":\"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2024-02-01T17:00:38+00:00\",\"dateModified\":\"2024-02-01T17:00:38+00:00\",\"description\":\"Hut 8 takes helm of Ionic Digital's Bitcoin mining operations in strategic four-year agreement that would yield approximately $82 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6\",\"name\":\"Oluwapelumi Adejumo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"jobTitle\":\"Reporter\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital","description":"Hut 8 takes helm of Ionic Digital's Bitcoin mining operations in strategic four-year agreement that would yield approximately $82 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/","og_locale":"en_US","og_type":"article","og_title":"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital","og_description":"Hut 8 takes helm of Ionic Digital's Bitcoin mining operations in strategic four-year agreement that would yield approximately $82 million.","og_url":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/","og_site_name":"CryptoSlate","article_published_time":"2024-02-01T17:00:38+00:00","article_modified_time":"2024-02-01T15:31:49+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/02\/hut8.jpg","type":"image\/jpeg"}],"author":"Oluwapelumi Adejumo","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Oluwapelumi Adejumo","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person","name":"Oluwapelumi Adejumo","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg","caption":"Oluwapelumi Adejumo"},"jobTitle":"Senior Reporter","description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/hardeyjumoh","https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo","https:\/\/muckrack.com\/oluwapelumi-adejumo"]},"headline":"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital","datePublished":"2024-02-01T17:00:38+00:00","dateModified":"2024-02-01T17:00:38+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/"},"wordCount":416,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["Bitcoin mining","Celsius","Ionic"],"articleSection":["Mining"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/","url":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/","name":"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2024-02-01T17:00:38+00:00","dateModified":"2024-02-01T17:00:38+00:00","description":"Hut 8 takes helm of Ionic Digital's Bitcoin mining operations in strategic four-year agreement that would yield approximately $82 million.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/hut-8-signs-four-year-deal-to-manage-celsius-bitcoin-mining-operations-ionic-digital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6","name":"Oluwapelumi Adejumo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg","caption":"Oluwapelumi Adejumo"},"description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","jobTitle":"Reporter","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/393632"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/720"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=393632"}],"version-history":[{"count":3,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/393632\/revisions"}],"predecessor-version":[{"id":393646,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/393632\/revisions\/393646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/393639"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=393632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=393632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=393632"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=393632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}