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. According to the company’s press release, Hut 8 increased revenue to $60.6 million …
Hut 8
Bitcoin miners ramp up investment ahead of halving, set new energy consumption record
Bitcoin (BTC) miners are investing billions in equipment and consuming energy at unprecedented rates to maximize profits before the upcoming halving event in April. According to Bloomberg, the resurgence in …
Bitcoin Mining Firm CEO Predicts Start Of ‘Supercycle’
In a series of statements made on X (formerly Twitter), Marc van der Chijs, the CEO of the publicly traded Bitcoin mining firm Hut 8, shared an optimistic outlook on …
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 sites by paying a termination fee of $13.5 million. Marathon’s control of …
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 stability and operational integrity. Hut 8 Corp., a leading North American digital …
Hut 8 signs interim deal for Texas mining amid Celsius bankruptcy
As part of the Celsius Network’s bankruptcy proceedings, Hut 8’s mining operation is set to accommodate 66,000 miners and be powered by over 215 MW of energy upon completion. In …
Here’s what you need to know
Bitcoin mining stocks have outperformed BTC prices in the last year. Discover why this has happened and explore the top-performing Bitcoin mining stocks in this guide. The Bitcoin (BTC) market …