Hut 8
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter results from miners were a mixed bag.

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.

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.

Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds
Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022
Bitcoin miners are posting the largest percentage stock gains on Monday.

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.

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.

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.

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.

Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin
The lower price of bitcoin and higher power costs hurt the results.

