Hut 8 Mining

Screenshot from Hell Money podcast, with Runes creator Casey Rodarmor (right) (Hell Money)
Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs
The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a...
Screenshot from Hell Money podcast, with Runes creator Casey Rodarmor (right) (Hell Money)

Hut 8 CEO on Securing Up to $50M in Loans From Coinbase, State of Bitcoin Mining
Hut 8 CEO on Securing Up to $50M in Loans From Coinbase, State of Bitcoin Mining
Hut 8 Mining has secured up to $50 million in loans from Coinbase Credit to fund its operations. Jaime Leverton, CEO of the North American digital asset miner, joins "First Mo...
Hut 8 CEO on Securing Up to $50M in Loans From Coinbase, State of Bitcoin Mining

Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
"CoinDesk Daily" host Jennifer Sanasie takes a look at today's hottest headlines in the crypto industry. Digital asset investment products witnessed the largest single weekly...
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase

A Hut 8 mining site (Hut 8)
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.
A Hut 8 mining site (Hut 8)

Progress in bringing crypto mining equipment back online has been slower than expected. (hut8.io)
Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
The delays are impairing the miner's hashrate and bitcoin production.
Progress in bringing crypto mining equipment back online has been slower than expected. (hut8.io)

HUT 8 Mining (hut8.io)
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
HUT 8 Mining (hut8.io)

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)
U.S. Bitcoin Corp. Settles With Niagara Falls City to Resume Bitcoin Mining
The firm is currently trying to complete a merger with Canadian Hut 8 Mining.
U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

(DALL-E/CoinDesk)
Crypto Winter Ends Era of Bitcoin Mining ‘HODLers’
Bitcoin miners are no longer able or willing to hold onto all of their mined digital assets indefinitely as a slump in prices is eating into their margins.
(DALL-E/CoinDesk)