Hut 8 News

Hut 8 CEO predicts a decline in Bitcoin mining bankruptcies due to changes in financing dynamics and increased merger and acquisition activity among smaller-scale miners. The Bitcoin market is unlikely to see another cascade of bankruptcies anytime soon, as the…

Cryptocurrency miner Hut 8 Corp has published a report on its results over the past six months.

According to Bloomberg, the resurgence in Bitcoin mining activity is primarily driven by the cryptocurrency's breaking an all-time high record after losing 64% of its value in 2022.

Mining company Hut 8 is shutting down its Bitcoin mining platform in Drumheller, Alberta, Canada.

Marathon Digital has finalized a deal with Hut 8 to take over the operational control of Bitcoin mining sites by paying a termination fee of $13.5 million.

Hut 8 Corp. counters an activist short-selling firm’s report, asserting the allegations as misleading and affirming its financial stability and operational integrity. Hut 8 Corp., a leading North American digital asset mining company, rebuffed allegations made by a short-selling firm…

As part of the Celsius Network's bankruptcy proceedings, Hut 8's mining operation is set to accommodate 66,000 miners and be powered by over 215 MW of energy upon completion.

Bitcoin mining stocks have outperformed BTC prices in the last year. Discover why this has happened and explore the top-performing Bitcoin mining stocks in this guide.

North American digital asset miner Hut 8 revealed that it mined 111 Bitcoin in September, or an average production rate of approximately 3.7 Bitcoin a day.

Canadian Bitcoin mining giant Hut 8 secured pivotal judicial approval for its merger with USBTC.  The British Columbia Supreme Court has granted the final judicial go-ahead for the union between Canadian Bitcoin miner Hut 8 and U.S. Bitcoin Corp (USBTC).…

Top publicly traded firms reveal their Bitcoin (BTC) portfolios. MicroStrategy leads the list, showcasing the fusion of traditional finance and digital assets. Crypto analytics website CoinGecko has analyzed the top 10 publicly traded companies with the largest Bitcoin portfolios. The…

Major Canadian crypto miner Hut 8 Mining inked a $50 million credit facility agreement with Coinbase Credit, to provide the latter with robust financial flexibility, liquidity, and also fund its business operations. Hut 8, in a press release on June…

In May 2023, Hut 8 Mining, a crypto miner based in Toronto, Canada, and one of North America's largest publicly traded mining firms, mined 147 bitcoin (BTC)

Hut 8 Mining Corporation (TSX: HUT) mined 161 bitcoin (BTC) in December, their poorest monthly output in 2022. The performance was the company's second consecutive month of dropping production. 

Earlier today, reports about a BTC mining duo’s plans to sell their stock due to the effects of the latest dip surfaced.  Marathon Digital Holdings and Hut 8 Mining Corp have filed with the SEC for the option to sell…

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts,…