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hut 8-mining

Moving through HIVE Blockchain's ethereum mining facility in Boden, Sweden, feels like teleporting between the Arctic and a tropical beach every few feet. (Sandali Handagama)
Business
Ethereum mining
Large Ethereum Miners Look to Cloud Computing, AI Ahead of The Merge
The network's upgrade will do away with the need for bulky and expensive data centers, which the miners are looking to repurpose.
Moving through HIVE Blockchain's ethereum mining facility in Boden, Sweden, feels like teleporting between the Arctic and a tropical beach every few feet. (Sandali Handagama)
By Eliza Gkritsi
Sep 6, 2022 at 3:06 p.m. UTC
Sep 6, 2022
Ethereum MiningMiningMining CentersHIVE BlockchainHut 8 MiningEthereumThe Merge
Hut 8 mining site (Hut 8)
Business
Bitcoin mining
Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins
The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.
Hut 8 mining site (Hut 8)
By Aoyon Ashraf
Jun 6, 2022 at 2:42 p.m. UTC
Jun 6, 2022
Bitcoin MiningMiningHODLHut 8 MiningHut 8Canada
(Wikimedia Commons)
Mining Week
Hut 8 mining
The Future of Mining Finance: Time to Get Creative
To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.
(Wikimedia Commons)
By Aoyon Ashraf
Mar 23, 2022 at 8:42 p.m. UTC
Mar 23, 2022
Hut 8 MiningBitfarmsMining
Hut 8 mining site (Hut 8)
Business
Hut 8
Hut 8’s Data Center Deal Will Set It Apart From Peers, Analyst Says
Hut 8 closed on its C$30 million purchase of 5 of TeraGo’s Canadian data centers on Jan. 31.
Hut 8 mining site (Hut 8)
By Aoyon Ashraf
Mar 18, 2022 at 3:40 p.m. UTC
Mar 18, 2022
Hut 8Hut 8 MiningE-commerceAcquisitions
Hut 8 mining site (Hut 8)
Business
Hut 8 mining
Crypto Miner Hut 8 Reports Surprise Q4 Loss
The company's revenue was in line with expectations, but Ebitda missed estimates.
Hut 8 mining site (Hut 8)
By Aoyon AshrafEliza Gkritsi
Mar 17, 2022 at 11:55 a.m. UTC
Mar 17, 2022
Hut 8 MiningBitcoinEarningsCanadaMining
Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)
Business
Hut 8 mining
Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
However, DA Davison sees mining stocks as a better buying opportunity than bitcoin itself.
Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)
By Aoyon Ashraf
Dec 6, 2021 at 4:52 p.m. UTC
Dec 6, 2021
Hut 8 MiningRiot BlockchainMarathon DigitalGreenidgeHIVE Blockchain
Hut 8 (Shutterstock)
Business
Hut 8 mining
Hut 8 Sticks to Its ‘Hodl’ Strategy After Mining 265 Bitcoins in November
The Canadian miner now holds a total of 5,242 bitcoins in its reserve.
Hut 8 (Shutterstock)
By Aoyon Ashraf
Dec 2, 2021 at 5:02 p.m. UTC
Dec 2, 2021
Hut 8 MiningCrypto Mining
Hut 8 plant (Hut 8)
Business
Miners
Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M
The company expects to start taking delivery in January 2022.
Hut 8 plant (Hut 8)
By Parikshit Mishra
Oct 21, 2021 at 12:21 p.m. UTC
Oct 21, 2021
MinersBitcoinCanadaHut 8 Mining
Crypto mining machines
Business
Bitcoin mining
Hut 8 Second-Quarter Revenue Climbs Fourfold
The company predicted it will mine as many as 22 bitcoins a day in the fourth quarter as new machines are deployed.
Crypto mining machines
By Sheldon Reback
Aug 12, 2021 at 11:17 a.m. UTC
Aug 12, 2021
Bitcoin MiningHut 8 MiningEarnings
hut8
Business
Bitcoin mining
Hut 8 Buys $44M Worth of Mining Machines to Double Its Hashrate
The purchase will bring the company 11,090 new miners from SuperAcme Technology.
hut8
By Nate DiCamillo
Jun 30, 2021 at 3:01 p.m. UTC
Jun 30, 2021
Bitcoin MiningCanadaHut 8 Mining