Hut 8


Finance

Hut 8 Has Added 5,800 Mining Rigs at Its Ontario Site

The company said it will hold all the bitcoin it mines, as other crypto miners sell their coins.

A Hut 8 mining site (Hut 8)

Finance

Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins

The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.

Hut 8 plant

Finance

Hut 8 in Deal to Become 100% Self-Mining Company

The digital asset miner will buy out all hosted rigs at its Medicine Hat mining facility in Alberta.

Hut 8 plant

Finance

Riot Blockchain Bitcoin Mined Rises to 511 in March

The company also sold 200 bitcoin during the month, raising $9.4 million.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

Hut 8’s Data Center Deal Will Set It Apart From Peers, Analyst Says

Hut 8 closed on its C$30 million purchase of 5 of TeraGo’s Canadian data centers on Jan. 31.

Hut 8 plant

Finance

VanEck Launches Crypto Mining ETF

The investment firm says miners are critical to the growth of digital assets.

VanEck

Finance

Crypto Miner Hut 8 Teams Up With Enthusiast Gaming for Multi-Year Partnership

The deal will enable Hut 8 to reach Enthusiast Gaming’s 300 million-strong audience and provide data center hosting.

Gaming (Leon Neal/Getty Images)

Videos

Impact of China’s Crypto Crackdown on Global Mining Industry

Peter Wall, CEO of Argo Blockchain, and Tanya Woods, General Counsel Regulatory Affairs EVP at Hut 8, discuss their views on how China’s crypto bans could have affected mining operations in the U.S. and worldwide. Plus, their thoughts on the common argument that the bitcoin mining industry is damaging to the environment.

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Videos

Canadian Miner Hut 8 Revenue Surged Over 700% in Q3

Canadian cryptocurrency miner Hut 8's third-quarter revenue was $40 million, rising about 767% from last year and beating the average analyst estimate of $34.8 million. Hut 8 Mining Chief Financial Officer Shane Downey shares insights into the firm's growth and plans. Plus, his take on the impact of Bitcoin's Taproot upgrade and China's crypto crackdown on Hut 8's business operations.

Recent Videos

Finance

Hut 8′s Revenue Rose Over 700% in Q3, Beating Analyst Estimates

The Canadian crypto miner beat third quarter revenue and earnings estimates and held about $342 million in bitcoin.

Hut 8 Luxor Ethereum mining (Bet Noire/iStock/Getty Images Plus)