Bitcoin mining company Hut 8 has appointed President and board member Asher Genoot as CEO, replacing Jaime Leverton, who left immediately, according to TechFlow. Genoot previously served as COO of the United States Bitcoin Company (USBTC), which merged with Hut 8 in November. According to a statement released today, Hut 8's board of directors believes that now is the time to develop a new strategic direction and change leadership.