Cryptocoins News / Blockchain - 10 months ago
Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors. (Read More)
Cryptocoins News / Blockchain - 10 months ago
Hut 8 has amended its $65 million credit facility with Coinbase, demonstrating a significant shift in digital asset financing by using Bitcoin as collateral. (Read More)
Cryptocoins News / CoinJournal - 10 months ago
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract.
The digital asset miner will oversee 122,000 miners with 12 EH/s of computing capacity and over 300 MW of energy.
The announcement follows the US bank...
Cryptocoins News / Finance Magnates - 1 year ago
The
publicly-listed crypto mining company Hut 8 Mining Corp. (TSX: HUT) has
reported a decline in revenue for the third quarter of 2023. This resulted in
nearly doubling the net loss from Q3 2022 and a stock price fall of over 11% on
the Canadian st...
Cryptocoins News / Blockchain - 1 year ago
US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange. (Read More)
Cryptocoins News / Finance Magnates - 1 year ago
Hut 8 Mining Corp. mined 112 Bitcoins in October
amid recent developments, including the merger with US Bitcoin Corp. The mining firm's output in the period was equal to a
daily production rate of around 3.6 Bitcoins.During October, Hut 8 sold 365 Bi...
Bitcoin News / Bitcoin.com - 1 year ago
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its b...
Cryptocoins News / Finance Magnates - 1 year ago
The
number of Bitcoins publicly traded miner Hut 8 Mining Corp. produced increased
to 111 BTC in September. Although this result is significantly lower than last
year's, it reflects a general trend observed in the industry. Additionally, Hut
8 is pro...
Cryptocoins News / The Cointelegraph - 1 year ago
According to Hut 8 CEO Jaime Leverton, the newly merged mining business will have “highly diversified fiat revenue streams.” The Canadian Bitcoin (BTC) mining company...