HUT8 lost -$0.53 a share as opposed on a $0.13 estimate. This was a huge disappointment but the stock went up anyway as it is tracking Bitcoin. The change is primarily due to non-cash revaluation loss

Check out how Canadian bitcoin mining farm, Hut 8, not only survived crypto winter, but came out ahead by taking steps early on:

Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8.7 million on higher depreciation costs. Depreciation spiked to $13.3

Canadian company Hut 8, engaged in bitcoin mining, in its press release announced the completion of construction of its second mining division in Medicine Hat, which was completed ahead of schedule, set

Toronto-based Bitcoin mining company Hut 8 has announced the completion of its second mining facility in Canada on July 16, claiming to have become the world’s “largest publicly-traded” operator by capacity.

밴쿠버의 Hut 8 이라는 마이닝 회사가 북미에서 가장 큰 비트코인 마이닝 데이터 센터 건립계획을 발표.Bitfury는 하드웨어와 소프트웨어,정비를 담당하게 되며,2018년 내 완공을 목표. 1단계로 22개의 데이터 센터를 인수하여 24mw의 해싱파워를 확보. 2단계로 35개의 데이터센터를 추가하여 38.5mw의 해싱파워를 확보. 총 60mw이상의 해쉬파워를