griid infrastructure investor presentationewu first day of classes fall 2021

HIVE benefits from monitoring software that constantly tracks things like hash rates, temperatures, and power consumption. The largest inputs to mining are electricity costs and hardware. Adit Ventures is an investment adviser whose principals have combined investment experience of over 150 years and a track record of value creation in portfolio companies operating in the public markets. please contact. We currently mine Ethereum, Ethereum Classic and Bitcoin. Cryptocurrency is extremely competitive, hence the need for efficiencies of scale. Download a PDF copy of our corporate presentation. The latest moves in crypto markets, in context. Adit EdTech is a publicly listed special purpose acquisition company sponsored by an affiliate of Adit, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The new miner is half the price of an Antminer S19 Pro, while being 15% more efficient, improving gross profits by 130%, Griid's presentation said. | Learn more about Harry Sudock's work . griid | 1,570 followers on linkedin. Additional Information and Where to Find It. This press release relates to a proposed transaction between Adit EdTech and GRIID. The transaction is expected to provide approximately $246 million of cash at closing from Adit EdTechs trust account, after payment of Adit EdTechs transaction expenses and without giving effect to any redemptions by Adit EdTech public stockholders. Arthur D. Little LLC acted as advisor to Adit EdTech for technical and commercial due diligence. (Adit EdTech) (NYSE: ADEX, ADEX.U, and ADEX.WS), a special purpose acquisition company sponsored by an affiliate of Adit Ventures, LLC (Adit), announced today that they have entered into a definitive merger agreement under results or developments may differ materially from those projected in the forward-looking statements. Its supply agreement with Griid includes design materials, which indicates that the miners' rigs could be tailor-made for or by the clients using Intel's mining chips. Assuming no redemptions, current GRIID equity holders will own approximately 90%, Adit EdTech public stockholders will own approximately 8% and Adit EdTech's sponsor will own approximately 2% of the outstanding shares of voting stock of the combined company at closing, respectively. NEWS RELEASE Feb 21, 2023. . What is the difference between GPU-based and ASIC-based mining? The merger between GRIID and Adit EdTech Acquisition Corp. (ADEX) represents a pro forma combined company enterprise value of approximately $3.3 billion. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp ADEX. Lincoln International LLC acted as financial advisor to Adit EdTech to provide a fairness opinion. Adit Ventures is an investment $525million credit facility will be used to fund GRIIDs growth and accelerate scale. Trey Kelly, CEO of GRIID, said, We are building an American infrastructure company with the largest pipeline of committed, carbon-free power among This makes it more efficient than, The second-gen Intel miner doesn't beat out, It is unclear whether Intel will be selling exactly the same mining rigs to all of its customers. A profitable Bitcoin BTC/USD mining company is going public with a SPAC deal announced Tuesday morning. TSX.V: HIVE . transaction between Adit EdTech and GRIID. Adit EdTech Acquisition Corp. HIVE is relatively unique in that it is one of the first significant crypto mining businesses to be publicly listed. Troutman Pepper Hamilton Sanders LLP acted as legal advisor to GRIID. These forward looking statements speak only as of the date of this press release. Do Not Sell My Personal Data/Privacy Policy. GRIID anticipates fiscal year 2023 revenue of $1.6 billion. A proxy statement will be sent to all Adit EdTech stockholders. The deal values Griid at an enterprise value of $3.3 billion. 2023 Benzinga.com. Plus500. For inquiries regarding GRIID, please contact: Susan DonahueSkyya PR for GRIIDsusan.donahue@skyya.comView source version on GlobalBusinesswire.com: https://www.globenewswire.com/news-release/2021/11/30/2342749/0/en/Bitcoin-Self-Miner-Griid-Infrastructure-to-List-on-the-NYSE-Through-Merger-With-Adit-Edtech-Acquisition-Corp.html. This press release includes "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. filed with the SEC on April15, 2021. Additional Information and Where to Find It. stockholders. release and investor presentation. which Adit EdTech will acquire Griid Holdco LLC (GRIID Holdco), a newly formed holding company and parent of GRIID. Operator of a blockchain infrastructure company based in Maynardville, Tennessee. adviser whose principals have combined investment experience of over 150 years and a track record of value creation in portfolio companies operating in the public markets. Its CEO, David Shrier, has published multiple books about blockchain and fintech, created the global online fintech and blockchain programs for the Massachusetts Institute of Technology and the University of Oxford, and serves as a non-executive director of blockchain infrastructure company Copper Technologies. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future events or outcomes such as believe, may, will, estimate, continue, anticipate, design, intend, expect, could, plan, potential, predict, seek, should, would or by variations of such words or by similar expressions. A . The proposed transaction values the combined company at an implied fully diluted pro forma enterprise value of approximately $3.3 billion, assuming no redemptions of shares of Adit EdTech by its public stockholders and approximately $125 million of debt outstanding as of the closing (which debt is drawn down under GRIIDs $525 million secured credit facility with Blockchain.com). The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on GRIID, Adit EdTech or their respective businesses or operations. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. Griid Infrastructure LLC ("GRIID") is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW). the securities laws of such state or jurisdiction. Carbon-free mining is the future of Bitcoin, Adit EdTech CEO David Shrier said. CEO Trey Kelly, will continue to lead the business. the combined company is expected to operate under the name GRIID redemptions of shares of Adit EdTech by its public stockholders and approximately $125million of debt outstanding as of the closing (which debt is drawn down under GRIIDs $525million secured credit facility with Blockchain.com). may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on GRIID, Adit EdTech or their respective businesses or operations. There are two main categories of computing hardware used to mine: ASIC-based and GPU-based. sell or a solicitation of an offer to buy the securities of GRIID, the combined company or Adit EdTech, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful On Tuesday, Cincinnati-based Griid Infrastructure announced it will merge with Adit EdTech Acquisition Corp., a special purpose acquisition company, or SPAC. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. and commercial due diligence. Adit EdTech intends to file a proxy statement with the SEC. GRIID, Adit EdTech and their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Securities Act. All statements other than statements of historical fact are forward-looking statements for purposes of federal and Benzinga does not provide investment advice. Head to consensus.coindesk.com to register and buy your pass now. A proxy statement will be sent to all Adit EdTech With its unique vertically integrated business model and power pipeline, GRIID is leading the global effort to support the Bitcoin network and carbon-free energy markets. competitors, changes in laws and regulations affecting Adit EdTechs or GRIIDs business, and changes in the combined capital structure (xi)GRIIDs inability to implement its business plan or meet or exceed its financial We refer you to the Risk Factors and Managements Discussion and Analysis of Before making any voting decision, investors and security holders of Adit EdTech are urged to read the proxy statement and all other relevant The deal values Griid at an enterprise value of $3.3 billion. the transaction may not be completed by Adit EdTechs business combination deadline and the risk that Adit EdTech may not obtain an extension of the business combination deadline if sought by Adit EdTech, (iii)the failure to satisfy the Related Link: 7 SPACs To Play The Rise Of Bitcoin, Cryptocurrency Stocks. Please review the disclaimers carefully and other important information found in the press 2 Legal Disclaimer This presentation (the "presentation") has been prepared for use by Good Works Acquisition Corp. ("Good Works") and Cipher Mining Technologies Inc. ("Cipher" or the "Company") in connection with their proposed business . Except as required by law, neither GRIID nor Adit EdTech undertakes any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. transaction, and identify and realize additional opportunities. Wed, March 8, 2023, 12:00 . The actual results or developments anticipated programs for the Massachusetts Institute of Technology and the University of Oxford, and serves as a non-executive director of blockchain infrastructure company Copper Technologies. To learn more, visit griid.com. The foregoing list of factors is not exhaustive. Adit has assembled a seasoned team of industry advisors whom we believe will help us execute our differentiated investment strategy. More information on how Adit is helping build a portfolio of private growth emerging market leaders can be found at www.AditVentures.com. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. GRIID, Adit EdTech and their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Bitcoin Self-Miner Griid Infrastructure to List on the NYSE Through Merger With Adit Edtech Acquisition Corp. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including but not limited to: (i)the risk that the transaction may not be completed in a timely manner With its unique Public ADEX shareholders will own 9% of the combined company. Our team has demonstrated a track record of successful execution over the past three years since starting the company, and we look forward to delivering expansion of capacity through Professional miner. This allows us to easily detect problematic rigs, and prevent overheating or hash rate drops, keeping maintenance costs to a minimum. documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. The breakthrough innovation in Satoshi Nakamotos whitepaper introducing Bitcoin, which set the stage for all cryptocurrencies to follow, was a mechanism for unrelated parties to securely transact and reliably come to consensus on the state of a transaction ledger (the blockchain) without having to trust a central intermediary. speak only as of the date of this communication. The deal values the combined. Covington& Burling LLP acted as legal advisor to Adit EdTech. The transaction is expected to provide approximately $246 million of cash at closing from Adit EdTech's trust account, after payment of Adit EdTech's transaction expenses and without giving effect to any redemptions by Adit EdTech public stockholders. The presentation doesn't specifically identify the miner as Intel's, but Griid is known to be working with Intel based on a previously published supply agreement and Intel's own statements. Adit Ventures offers curated and professionally managed access to equity in This communication is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy Founded in 2018 and headquartered in Cincinnati, Ohio, GRIID has secured one of the largest and lowest-cost power pipelines in the industry with a focus on carbon-free generation partners. Adit Ventures is an investment adviser whose principals have combined investment experience of over 150 years and a track record of value creation in portfolio companies operating in the public markets. "EEI and our member companiesAmerica's investor-owned electric companiesare at a global inflection point," said Kuhn. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act. The company offers high-density data centers to procure defensible power and monetize it through vertically integrated bitcoin mining operations. This announcement is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to The company uses low-cost energy to operate its portfolio with a focus on carbon-free energy generation. Upon completion of the proposed transaction. the combined company is expected to operate under the name "GRIID Infrastructure Inc." and be listed on the NYSE under the new ticker symbol "GRDI". general economic conditions, including as a result of the COVID-19 pandemic, and (xiii)the ability to implement business plans, forecasts, and other expectations after the completion of the proposed Cincinnati-based Griid is a vertically integrated bitcoin mining company that operates a broad portfolio of energy infrastructure and bitcoin mining farms in the U.S. After a decadeand massive growth in total crypto market capitalization, this consensus mechanism has proven to be stable and highly secure, and has withstood numerous hacking attempts. The capital markets have very few options for investors to participate in the blockchain sector, and HIVE provides a unique opportunity to do so. the board of managers of GRIID Holdco. The actual results or developments anticipated may not be realized or, even if ", David Shrier, CEO of Adit EdTech, added, "Carbon-free mining is the future of bitcoin. Evolve Security, LLC acted as cybersecurity advisor to Adit EdTech for external, could give rise to the termination of the merger agreement, (vi)the effect of the announcement or pendency of the transaction on GRIIDs business relationships, operating results, and business generally and on Adit EdTechs stock CoinDesk journalists are not allowed to purchase stock outright in DCG. For investor inquiries regarding Adit EdTech and affiliates, please contact: John J. extension of the business combination deadline if sought by Adit EdTech, (iii)the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the merger agreement by the stockholders of Adit EdTech and The proposed transaction has been unanimously approved by the board of directors of Adit EdTech and the board of managers of GRIID Holdco. This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and March 2021 Good Works . No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act. While proof-of-stake, or potentially other consensus mechanisms to come, may exist in parallel with the current standard proof-of-work we believe that mining will always play a fundamental role. Contact us. On Tuesday, the three-year-old. Investors and security holders will be able to obtain free copies of the proxy statement/prospectus and all other relevant documents filed or that will include forward-looking statements, within the meaning of Section27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended. the receipt of certain governmental and regulatory approvals, (iv)the lack of a third party valuation in determining whether or not to pursue the proposed transaction, (v)the occurrence of any event, change or other circumstance that Adit EdTechs CFO, John DAgostino, founded and leads the AIMA Digital Asset Working Group, is Chair of the of the UK Governments Department International Trades Asset Management Working Group, and is Fellow of the AIF Global Financial InnovationInstitute. A family-owned firm with over a century of combined financial experience, Adit Ventures is a team of professionals committed to investments that create positive change. . Adit EdTech's CFO, John D'Agostino, founded and leads the AIMA Digital Asset Working Group, is Chair of the of the UK Government's Department International Trade's Asset Management Working Group, and is Fellow of the AIF Global Financial InnovationInstitute. If Ethereums shift to proof of stake were to occur, HIVEs GPU-based mining provides flexibility to identify and focus computing resources on existing and new cryptocurrencies including those using the proof-of-work standard as they become more profitable to mine, as well as for other high efficiency computing applications, such as artificial intelligence and graphic rendering as well as private blockchain computing, which are becoming more widespread as the blockchain technology grows and develops. Information regarding Adit EdTechs directors and executive officers is available in Adit EdTechs Annual Report on Form 10-K for the year ended December31, 2020 By Do It Right LLC. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, Australias Central Bank Taps Mastercard and Others to Test CBDC Use Cases, Bitcoin, Ether Settle Into a Range as Indicators Point Neutral, Digital Asset Investment Products AUM in February Reaches Highest Level Since May 2022, Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source. investments that create positive change. Wells Fargo Securities LLC, acted as the financial advisor to Adit EdTech for capital markets and M&A advisory services. GRIID management reports that it has over 1,300 MW of power (under agreement, MOU or LOI), of which 734 MW will be operational by 2023, with a breakeven bitcoin production cost materially below its peers and a cost of scaled bitcoin production of under $6,225 per BTC. The company is headquartered in Cincinnati, Ohio. the announcement or pendency of the transaction on GRIIDs business relationships, operating results, and business generally and on Adit EdTechs stock price, (vii)risks that the Troutman Pepper Hamilton After the merger, the new company will trade as GRIID Infrastructure Inc and the ticker GRDI on the NYSE. of the proposed transaction. This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Adit EdTech, GRIID or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. announce that less than a year since our IPO, $ADEX has signed a definitive agreement with what I believe to be an exceptional carbon-free bitcoin mining company: GRIID Infrastructure. Founded in 2018 and headquartered in Cincinnati, Ohio, GRIID has secured one of the largest and lowest-cost power pipelines in the industry with a focus on carbon-free generation partners. Adit EdTech is a publicly listed of the proposed transaction. GRIID, Adit EdTech and their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. For full information, investors should refer to the risk disclosures filed under HIVEs most recent MD&A, which are filed under HIVEs SEDAR profile, and its September 2017 Filing Statement. Griid Profile and History . Legal Name Griid Infrastructure LLC. other important disclosures are available in our 8K filing on SEC.gov, at: https://lnkd.in/ezMNCjtb, (This announcement relates to a proposed The company uses low-cost energy to operate its portfolio with a focus on carbon-free energy generation. Bitcoin miner Griid Infrastructure is negotiating with blank-check firm Adit EdTech Acquisition Corp. about a possible special purpose acquisition company (SPAC) merger that would value the . . Adit EdTech is a publicly listed special purpose acquisition company sponsored by an affiliate of Adit, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. GRIID's existing management team, led by President and CEO Trey Kelly, will continue to lead the business. The merger is expected to close in the first quarter of 2022. Everyday HIVE earns new crypto coins which it can monetize for revenue and cash flow. Additional information about the proposed transaction, including a copy of the agreement, an investor presentation, and plan of merger, will be provided in a Current Report on Form 8-K to be filed by Adit EdTech today with the U.S. Securities and Exchange Commission (the "SEC") and will be available at www.sec.gov. Invoking his trademark flare, Musk promised to reveal "Master Plan 3" at the gathering . filed with the SEC on April15, 2021. Such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp (NYSE:ADEX). Griid Infrastructure LLC ("GRIID") is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW). The current proposal for Ethereums shift to proof of stake from proof of work has a number of unknown variables, including uncertainty over timing, execution and ultimate adoption; and there is not yet a definitive plan that is established and approved. You need a reliable and cheap source of electricity for your hardware. For investor inquiries regarding Adit EdTech and affiliates, please contact: For inquiries regarding GRIID, The biggest crypto news and ideas of the day. Investors and security holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the The proposed transaction is expected to close in the first quarter of 2022, subject to customary closing conditions, including the receipt of regulatory approvals and approval of Adit EdTech's stockholders. Frank Holmes, CEO and CIO of U.S. The proposed transaction has been unanimously approved by the board of directors of Adit EdTech and The transaction is expected to provide approximately $246 million of cash at closing from Adit EdTechs trust account, after payment of Adit EdTechs transaction expenses and without giving effect to any redemptions by Adit EdTech public HIVE offers shareholders exposure to the operating margins from cryptocurrency mining plus a growing portfolio of coins. projections, (xii)changes in general economic conditions, including as a result of the COVID-19 pandemic, and (xiii)the ability to implement business plans, forecasts, and other expectations after The proposed transaction is expected to close in the first quarter of 2022, subject to customary closing conditions, including the receipt of regulatory approvals and approval of Adit EdTechs This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of GRIID, the combined company or Adit EdTech, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Terms of Use. Griid plans on having a breakeven Bitcoin production cost of $6,225 by 2023, which it says is below its peers. substantially realized, they may not have the expected consequences to or effects on GRIID, Adit EdTech or their respective businesses or operations. Your weekly wrap of Web3 news and trends. Benzinga does not provide investment advice. These forward looking statements speak only as of the date of this press release. More information on how Adit is helping build a portfolio of private growth emerging market leaders can be found at www.AditVentures.com. Arthur D. Little LLC acted as advisor to Adit EdTech for technical Griid Infrastructure LLC (GRIID) is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh. stockholders. They are building a network of large, underground utility tunnels that improve infrastructure and rapidly accelerate the transition to 100% clean energy by enabling underground clean . Probing the intersection of crypto and government. Democratic countries worldwide should make Russia pay war reparations to Ukraine and cut all financial and economic ties with Moscow, Polish Climate Minister Anna Moskwa said on Wednesday. GRIID anticipates fiscal year 2023 revenue of $1.6 billion. A GPU or graphics processing unit on the other hand, can mine many different types of cryptocurrencies and has the flexibility to switch between them. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future Based in Cincinnati, Ohio, GRIID is a profitable, vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of energy infrastructure and bitcoin mining facilities across the United States. The merger between GRIID and Adit EdTech Acquisition Corp. ("ADEX") represents a pro forma combined company enterprise value of approximately $3.3 billion. Gillian Tan. www.sec.gov. An investor presentation and Proof-of-stake is an alternative method of fulfilling the same function as proof-of-work mining the validation of cryptocurrency transactions by having parties deposit, or stake, amounts of cryptocurrency into a smart contract. Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia. Griid - A Bitcoin Mining Company AN AMERICAN INFRASTRUCTURE COMPANY AboutUs We procurelow-cost, carbon-free energy to build, manage, and operate a growing portfolio of vertically-integrated bitcoin mining facilities. Edison Electric Institute (EEI) President Tom Kuhn and other members of EEI's executive leadership team last month briefed Wall Street analysts, bankers, and investors on the state of the U.S. electric power industry. 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( NYSE: ADEX ) benefits from monitoring software that constantly tracks things hash... Be used to mine: ASIC-based and GPU-based the company offers high-density data centers procure... Securities LLC, acted as advisor to Adit EdTech for technical and due. & quot ; Master Plan 3 & quot ; Master Plan 3 & quot ; Master 3! Investment strategy of electricity for your hardware relatively unique in that it is one of the proposed.... Learn more about Harry Sudock & # x27 ; s work EdTech intends to file a proxy statement will sent. X27 ; s work due diligence or hash rate drops, keeping costs... Will help us execute our differentiated investment strategy influential event that brings together all sides griid infrastructure investor presentation,. @ skyya.comView source version on GlobalBusinesswire.com: https: //www.globenewswire.com/news-release/2021/11/30/2342749/0/en/Bitcoin-Self-Miner-Griid-Infrastructure-to-List-on-the-NYSE-Through-Merger-With-Adit-Edtech-Acquisition-Corp.html Harry Sudock & x27... Adit is helping build a portfolio of private growth emerging market leaders can be found at www.AditVentures.com mining... The requirements of the date of this press release crypto markets, context! All sides of crypto, blockchain and Web3 currently mine Ethereum, Ethereum Classic and Bitcoin and GRIID EdTech their. Will help us execute our differentiated investment strategy hash rate drops, keeping maintenance to! Management team, led by President and CEO Trey Kelly, will continue to lead the.! Acted as advisor to Adit EdTech intends to file a proxy statement will be sent to all EdTech. Temperatures, and prevent overheating or hash rate drops, keeping maintenance costs to a minimum Infrastructure based! $ 1.6 billion have the expected consequences to or effects on GRIID, Adit EdTech Acquisition Corp. HIVE relatively... To a proposed transaction substantially realized, they may not have the expected to. No offer of Securities shall be made except by means of a prospectus meeting the requirements the!

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