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Bitcoin miner Hut 8 argues to toss ‘short and distort’ shareholder suit
4.12.2024
Hut 8 has argued a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner
A Deep Dive into Bitcoin Mining Veteran Hut 8
1.12.2024
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin...
Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners
7.11.2024
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain
Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners
7.11.2024
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain
Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers
6.11.2024
Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Mining Efficiency With ASIC Fleet Upgrade As part...
Bitcoin mining stocks rocket 24% on macro climate, AI play: Analyst
29.10.2024
Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said
Bitcoin miners show mixed performance in September amid market volatility
7.10.2024
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency
Hut 8 pays off $38M Anchorage Digital loan as it looks at AI expansion
1.10.2024
Anchorage Digital converted the debt into common stock at a 51% premium
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
26.9.2024
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence...
Hut 8 launches GPU-as-a-service program for AI developers
26.9.2024
The cryptocurrency mining company now has 1,000 Nvidia GPUs available
860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner
19.9.2024
Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8...
Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo
2.9.2024
Mining revenues hit 12-month lows in August, according to Bitbo
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
14.8.2024
The broker upgraded the bitcoin miner's shares to buy from sell and raised its price target on the stock to $13.50 from $7.50
Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas
9.7.2024
Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement...
Hut 8 expands mining operations with power deal in West Texas
9.7.2024
Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity
Bitcoin miner Northern Data mulls IPO for its AI unit: Report
2.7.2024
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
24.6.2024
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific
Bitcoin miner Hut 8 lands $150M investment amid AI boom
24.6.2024
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
16.5.2024
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said