Hut 8


Finance

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

Thursday's reported first-quarter results from miners were a mixed bag.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Finance

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

A Hut 8 mining site (Hut 8)

Finance

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.

A Hut 8 mining facility (hut8.io)

Markets

Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds

Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

(RapidEye/Getty Images Plus)

Markets

Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022

Bitcoin miners are posting the largest percentage stock gains on Monday.

(Getty Images)

Policy

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)

Finance

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)

Finance

Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call

Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.

A Hut 8 mining facility (hut8.io)

Finance

Crypto Miner Hut 8 Hires Former IBM Executive as CFO

Shenif Visram spent almost 12 years at IBM, including spells as chief financial officer and chief operating officer of global business services for the computing giant's Canadian arm.

A Hut 8 mining site (Hut 8)

Finance

Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin

The lower price of bitcoin and higher power costs hurt the results.

A Hut 8 mining site (Hut 8)