Hut 8 News

On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut…

Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct liquid-to-chip cooling, set to deploy in Q2 2025. Miami-headquartered crypto mining firm Hut 8 has expanded its partnership with Bitmain, announcing the…

Analysts at H.C. Wainwright & Co. believe that Hut 8 Mining’s stock is now valuable due to some of their strategic advances.  Hut 8 Mining Corp. received a double upgrade in its rating from “Sell” to “Buy” by analysts at…

Texas is rapidly becoming a Bitcoin mining hub, butresidents of local towns are experiencing hearing issues, headaches, dizziness, and sleep disturbance.  The conflict between the economic interests of Bitcoin (BTC) mining in Texas and the quality of life of its…

Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement…

Despite Bitcoin’s strong start in early 2024, crypto mining stocks outperformed BTC after the halving, with Hut 8 and Bitfarms delivering the highest returns. The fourth Bitcoin halving event has brought significant shifts in the crypto mining landscape, impacting smaller…

Public Bitcoin miner Hut 8 disclosed its strategies for keeping up with other market participants during its first analyst day in nearly nine months. 

Bitcoin mining giant Hut 8 announced a $150 million strategic funding from Coatue to emerge as a “leader in the AI infrastructure market.” Miami-based Bitcoin mining firm Hut 8 announced on Monday it has raised $150 million to bolster its…

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.