Cryptocoins News / Blockchain - 1 year ago
Hut 8 Mining Corp. is set to merge with US Bitcoin Corp. to form a major publicly traded Bitcoin miner, focusing on economical mining, diversified revenue, and environmental, social, and governance practices. (Read More)
Cryptocoins News / Blockchain - 1 year ago
Hut 8's Q2 2023 report reveals $19.1M revenue and 9,136 self-mined Bitcoin. The quarter saw a net loss of $16.7M and mining profit of $3.2M. (Read More)
Cryptocoins News / Finance Magnates - 1 year ago
The Canadian-based Bitcoin mining firm, Hut 8 has released its financial results for the second quarter of 2023, revealing a decline in revenue and low mining output. The decline in performance was reportedly due to multiple factors, including suspen...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Hut 8 Shares Plummet 8% After Disappointing Q2 Revenue Figures& & Decrypt
Cryptocoins News / The Cointelegraph - 1 year ago
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2. Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase...
Cryptocoins News / CoinJournal - 1 year ago
Hut 8 posted revenue of $14.3 million (19.2 Canadian Dollars), which had fallen $18.3 million during the quarter compared to Q1, 2023. The company mined 399 Bitcoin (BTC) but sold a total of 396 BTC for $10.9 million (CAD 14.7 million) during the qu...
Bitcoin News / Google News Bitcoin - 1 year ago
Hut 8 Mining 2Q Revenue Falls as Bitcoin Mining Difficulty Rises& & MarketWatch
Cryptocoins News / Finance Magnates - 1 year ago
The bitcoin mining company, Hut 8 released its production and operations update for the month of June today (Thursday). In the report, the company disclosed that it mined 120 Bitcoins, which is a production rate equivalent to 4 Bitcoins per day.Dur...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing. Hut 8 Mining is seeing new...
Bitcoin News / Bitcoinist - 1 year ago
Canadian top crypto mining firm Hut 8 Mining Corp has obtained a million-dollar credit facility from the American crypto exchange Coinbase lending subsidiary. According to a press release today, June 26, Hut 8 announced that with its subsidiary Hut 8...
Cryptocoins News / Finance Magnates - 1 year ago
The Canadian Bitcoin mining firm, Hut 8, has secured a $50 million credit facility from Coinbase Credit, a subsidiary of the US-based cryptocurrency exchange, Coinbase. The facility will be used for general corporate purposes and will be backed by bi...
Cryptocoins News / CoinJournal - 1 year ago
Hut 8 will have the option to draw $20 million and $15 million after the first tranche. The $50 million loan facility will mature one year after the first borrowing, and bear interest. CEO Jaime Leverton noted in a statement that the funds will give...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Hut 8 Borrows $50M From Coinbase for 'Treasury Management Strategy'& & Decrypt
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase& & CoinDesk
Cryptocoins News / Blockchain - 1 year ago
Hut 8 Mining Corp., a prominent North American mining pioneer and high-performance computing infrastructure provider, has recently made a significant announcement. The company has secured a credit facility of US$50 million through a partnership with...
Cryptocoins News / The Cointelegraph - 1 year ago
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said. The Canadian Bitcoin (BTC) mining c...
Bitcoin News / Google News Bitcoin - 1 year ago
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury& & Cointelegraph
Bitcoin News / Google News Bitcoin - 1 year ago
Why Bitcoin Cash and Shares of CleanSpark and Hut 8 Mining Are ...& & The Motley Fool
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Miner Hut 8 Mined 147 BTC, Struggles With Damaged Miners& & The Coin Republic
Bitcoin News / Google News Bitcoin - 1 year ago
Hut 8 Mining mined 147 BTC in May, Bitcoin hash rate slumping& & crypto.news
Bitcoin News / Google News Bitcoin - 1 year ago
US Bitcoin Corp To Power Up BTC Mining With 150000 Rigs - Hut 8 Mining (NASDAQ:HUT), Sphere 3D (NASDAQ:ANY)& & Benzinga
Cryptocoins News / CoinJournal - 1 year ago
Hut 8 Mining reports a 64% year-on-year hit to revenue in its Q1. Craig-Hallum analyst sees downside in “HUT” to C$2.0 a share. Hut 8 Mining stock is now down nearly 30% versus its YTD high. Hut 8 Mining Corp is trading down on Thursday...
Bitcoin News / Google News Bitcoin - 1 year ago
Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite& & CoinDesk
Bitcoin News / Google News Bitcoin - 1 year ago
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues& & CoinDesk
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin’s Energy Transparency is a Double-Edged Sword: Hut 8 CEO& & Decrypt
