Hut 8

Hut 8

Financiën

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.

(Getty Images)

Financiën

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

Financiën

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.

Financiën

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)

Financiën

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)

Markten

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)

Markten

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)

Beleid

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)

Financiën

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)

Financiën

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)