Hut 8

Hut 8 Adds Over 500 Bitcoin to Balance Sheet in 3 Months

The Toronto-based firm said it expects the figure of 3,806 to grow to around 5,000 by year's end.

News  ·  28 June 2021

Hut 8 Mining’s Underwriters Agree to Buy $82M in Stock Ahead of Nasdaq Listing

The shares are scheduled to make their debut on Nasdaq next week.

Business  ·  11 June 2021
Bitcoin Mining

Crypto Mining Firm Hut 8 Seeks $396M Raise in Latest Offering

The securities offering is expected to take place on the Toronto Stock Exchange.

News  ·  8 April 2021
Ethereum Mining

Hut 8 Will Use Luxor’s Software to Manage New Ethereum Miners

Ethereum is migrating to proof-of-stake, but miners still see profit in proof-of-work.

News  ·  31 March 2021
Bitcoin Mining

Hut 8 Buys $30M Worth of Nvidia’s New Crypto Mining GPUs

The batch of processors will add 1,600 GH to Hut 8's mining capacity.

Markets  ·  26 March 2021
Bitcoin Mining

Hut 8 Joins Foundry’s Institutional Bitcoin Mining Pool With Over 14,000 Machines

Hut 8 plans to add another 5,000 ASICs to Foundry's pool by August.

Markets  ·  23 March 2021
Bitcoin Mining

Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines

The new machines will add 475 PH/s to Hut 8's hash power.

Markets  ·  22 January 2021
Mining

Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks

Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.

Business  ·  5 October 2020
Bitcoin Mining

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Business  ·  13 August 2020
Mining

Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

Business  ·  13 July 2020
Hut 8

Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $6.1M

Hut 8 says its new funding is going towards increasing the bitcoin miner's total capacity by a fifth.

News  ·  30 June 2020
Bitcoin

Market Wrap: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume

Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.

Markets  ·  17 April 2020
Bitcoin Mining

In Canada They’re ‘Essential,’ In Argentina They’re Shut Down: Bitcoin Miners Reckon With COVID-19

Here's how the "Great Lockdown" is redrawing the bitcoin mining landscape. The halving and economic crisis may be priced-in – but local politics aren't.

Business  ·  17 April 2020
Bitcoin

Bitfury-Backed Bitcoin Miner Hut 8 Prepares to Go Public

Hut 8, two months after announcing its partnership with Bitfury, is preparing to be listed on the TSX Venture Exchange prior to expanding mining ops.

Markets  ·  12 February 2018