Browsing Tag
Hut 8
16 posts
Analysts reiterate ‘buy’ rating as Hut 8 inks $125m deal
On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually.…
Hut 8 deepens Bitmain partnership with launch of new ASIC miner in 2025
Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct…
Bitcoin mining causing health issues in Texas residents
Texas is rapidly becoming a Bitcoin mining hub, butresidents of local towns are experiencing hearing issues, headaches, dizziness,…
Bitcoin miner Hut 8 secures 205MW site in Texas to upgrade its capacity to 1.3GW
Hut 8 said it has entered into a power purchase agreement for a site in West Texas with…
Analyst: Hut 8 failes to impress at Analyst Day presentation
Public Bitcoin miner Hut 8 disclosed its strategies for keeping up with other market participants during its first…
Hut 8 reports 32% revenue increase amid Bitcoin rally
Cryptocurrency miner Hut 8 Corp has published a report on its results over the past six months.
Bitcoin miners ramp up investment ahead of halving, set new energy consumption record
According to Bloomberg, the resurgence in Bitcoin mining activity is primarily driven by the cryptocurrency’s breaking an all-time…
Hut 8 shuts down Bitcoin mining site in Canada, citing energy costs
Mining company Hut 8 is shutting down its Bitcoin mining platform in Drumheller, Alberta, Canada.
Marathon Digital pays Hut 8 $13.5m to run two Bitcoin mining sites
Marathon Digital has finalized a deal with Hut 8 to take over the operational control of Bitcoin mining…
Hut 8 Corp. challenges short-seller report, claims financial solidity
Hut 8 Corp. counters an activist short-selling firm’s report, asserting the allegations as misleading and affirming its financial…