Hut 8 surpasses 9.3k bitcoin reserves in self-mining milestone

2023-10-10 18:34

North American digital asset miner Hut 8 revealed that it mined 111 Bitcoin in September, or an average production rate of approximately 3.7 Bitcoin a day.

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bitcoin hut september 111 mined production approximately

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Источник: btcmanager.com

bitcoin hut → Результатов: 121

Miner Hut 8 Sees Revenues Fall Nearly 20%, but Mines 28% More Bitcoin

Bitcoin Miner Hut 8 records 20% lower Bitcoin revenue for 2022 despite mining 22% more Bitcoin than last year. The post Miner Hut 8 Sees Revenues Fall Nearly 20%, but Mines 28% More Bitcoin appeared first on BeInCrypto.

2023-3-9 18:30
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Public Miner Hut 8 Now Holds Over 4,000 Bitcoin Worth $150 Million

Publicly traded Hut 8 has seen its Bitcoin mining production increase by 50 percent in the wake of China's crackdown on its domestic industry.

2021-8-5 15:01	Business
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Canadian firm Hut 8 finalizes $11.8 million loan for new Bitcoin mining machines

Bitcoin mining company Hut 8 has finalized a loan to purchase 5,400 units of MicroBT's mining equipment, which will increase the firm’s capacity to mine Bitcoin by 475 petahashes per second (PH/s), The post Canadian firm Hut 8 finalizes $11.

2021-1-22 17:00	BTC Trading View
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Hut 8 Plans $7.5M Offering to Upgrade Bitcoin Mining Rigs

Hut 8 Mining is looking to raise at least $7.5 million to upgrade its fleet of BlockBox bitcoin miners.

2020-6-11 00:58
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Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility

On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8. 59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%.

2020-5-13 03:15
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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.

2020-4-19 00:21
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Bitcoin Mining Giant Hut 8 Records Increasing Profits. Will It Survive BTC Halving?

Toronto-based mining company Hut 8 reports impressive revenue numbers, but the success of its future in the post-halving reality is murky

2020-4-3 20:00
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Bitcoin Mining Company Hut 8’s Stock Falls as CEO Steps Down

Hut 8, a publicly-traded Bitcoin mining company, is seeing its stock value tumble as much as 40% following news that its CEO will be stepping down. The drop in stock prices is accompanied by a weaker performance in 2019, though the overall health of the company is not too dire.

2020-2-7 06:18	Mining
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Bitcoin Mining Company Hut 8 Acquires 9 Datacenters From Bitfury For $7 Million

Hut 8 Mining Corp a Canadian crypto mining company has completed the set up of its mining farm at Drumheller after purchasing 9 data centers from Bitfury for $7 million. Andrew Kiguel, Chief Executive Officer of Hut 8 believed the purchase would allow the Drumhekker facility to be fully functional and provide the full ownership […]

2019-11-30 21:53	bitcoin mining
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Canadian Mining Firm Is First Bitcoin Company to Hit Toronto Stock Exchange

Hut 8, North America’s largest bitcoin mining firm, will soon trade publicly on the Toronto Stock Exchange. The post Canadian Mining Firm Is First Bitcoin Company to Hit Toronto Stock Exchange appeared first on Bitcoin Magazine.

2019-10-4 20:05
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Major Bitcoin Mining Firm Gets Conditional Approval for Listing on Toronto Stock Exchange

Hut 8 Mining Corp. has been conditionally approved to be listed on the Toronto Stock Exchange (TSX). The major Bitcoin mining company is the first company to be listed to the trading venue via the Toronto Stock Exchange Sandbox.

2019-9-25 23:00
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Bitcoin mining farm in Canada registers massive revenue growth of 262% in Q2 of 2019

Hut 8, one of the largest public Bitcoin mining farms by operating capacity, has released its financial report for the second quarter of 2019. The mining firm recorded a tremendous surge in its net profit and overall revenue for Q2, with the net profit for the firm reaching $33.

2019-8-30 21:30
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Hut8 подтвердила, что майнинговая индустрия приносит прибыль инвесторам

Канадская майнинговая корпорация представила свой финансовый отчет за II квартал. Майнинговая компания Hut8 опубликовала результаты своей деятельности за апрель-июнь текущего года. Hut 8 officially releases its Q2 Financial Results.

2019-8-28 15:27	майнинг
майнинговая hut8 hut инвесторам results прибыль подтвердила

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Hut 8 mines record amount of bitcoin (BTC) for Q2 2019

Hut 8 Mining, one of the world’s largest public cryptocurrency mining companies by operating capacity, announced today that for the this year’s second quarter it has mined 2,816 bitcoin (BTC) and has retained bitcoin of 3,250, both the highest quarterly amount in Hut 8’s history. For the second quarter of 2019, Hut 8 mined 2,816 […]

2019-7-9 19:36
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Компании Hut 8 удалось получить прибыль в 2018 году, несмотря на медвежий рынок

Ведущая криптомайнинговая компания Hut 8 недавно предоставила свою финансовую отчетность за 2018 год. Ее генеральный директор, Эндрю Кигель, дал интервью журналу Bitcoin Magazine, пояснив, как проекту удалось оставаться прибыльным.

2019-5-10 11:47	Финансы
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter

Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.

2019-5-10 20:04	Mining
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Mining firm Hut 8 Announces $136 Million Loss in 2018

Canadian mining firm Hut 8 Mining has published its financial statements and results for 2018. Hut 8 announced a net comprehensive loss of $136 million, adding to the list of companies negatively affected by the best market, in a press release on May 8, 2018.

2019-5-9 18:00	Mining
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Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend

Canadian BTC miner Hut 8 downplays 2018 losses within context of increased revenue and market recovery

2019-5-8 14:37	bitcoin mining
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Bitcoin Mining Firm Hut 8 Lays Off More Employees

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More.

2019-4-7 15:00	News
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Report: Crypto Miner Hut 8 Lays Off More Staff

Bitcoin mining firm Hut 8 has reportedly laid off roughly half of its staff at facilities in Alberta, Canada

2019-4-5 00:20	Canada
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A recap of tech’s crazy 2018

We started this year full of energy and hope, eager to escape the dumpster fire that was 2017. 2018’s been a hell of a ride, with plenty of ups, downs, and unexpected twists. Let’s take a closer look at the crazy year that was in tech.

2019-1-3 06:00	Insights
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Canada’s Hut 8 Crypto Mining Operation Adds 12 New BlockBox Data Centers To Bitcoin Business

Going Big – Hut 8 Purchases 12 More BlockBoxes Hut 8 is already the world’s largest cryptocurrency miner by market capitalization and operating capacity standards. Now it is poised to grow its capacity in a bid to become the world’s largest Bitcoin miner.

2018-11-13 19:31	News
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Hut 8 adds 12 Bitcoin mining BlockBoxes to Drumheller Facility

CryptoNinjas Hut 8 Mining, a public cryptocurrency mining company today announced the purchase of an additional 12 BlockBox Data Centers at its bitcoin mining facility in the City of Drumheller, Alberta, Canada.

2018-11-13 23:40
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Майнинговая компания Hut 8 получила рекордную прибыль в третьем квартале

Канадская майнинговая компания Hut 8, занимающаяся добычей Bitcoin, сообщила о рекордных доходах в размере 17,7 млн канадских долларов ($13,4 млн) за третий квартал, согласно квартальному финансовому отчету, опубликованному 8 ноября.

2018-11-10 17:47	майнинг
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Financial Report: Canadian Bitcoin Mining Firm Posts Record $13 Million in Q3

A Canadian Bitcoin mining firm, Hut 8 has reported record revenue of CAD17. 7 million ($13. 4 million) in Q3, according to its quarterly financial report ending Sept. 30th published on Nov. 8th.

2018-11-10 15:59	Mining
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Canadian Bitcoin Miner Hut 8 Reports Q3 Loss of $8.7 Million

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.

2018-11-10 23:10
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
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Canadian city will kill power to $100M Bitcoin farm to keep citizens cool

Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports.

2018-9-24 14:02	hard fork
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Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada

In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […] The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News.

2018-7-27 03:15
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Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices

On July 16th, Hut 8, one of Canada‘s foremost Bitcoin mining firms, announced that the construction of its newest mining facility was complete. The press release issued by the company states that its new Bitcoin mining facility, located in the small Canadian city of Medicine Hat, has been recently completed, including the recent electrification of […] The post Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices appeared first on Ethereum World News.

2018-7-20 00:12	News
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Largest Capacity Bitcoin Miner after Second Site Opening – Hut 8

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.

2018-7-19 20:05
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Canada: Bitcoin Miner Hut become the ‘biggest’ by capacity after opening 8 second site

2018-7-19 16:49
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Canada: Bitcoin Miner Hut 8 Becomes ‘Largest’ by Capacity After Second Site Opening

BitFury partner Hut 8 diversifies Bitcoin mining competition with capacity upgrade

2018-7-19 13:59	Bitmain
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Bitcoin Magazine’s : Looking at the past to see the future

Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Op Ed: I Think, Therefore I Bitcoin: The Case for Bitcoin Andrew Kiguel, founder of Hut 8 Mining, reflects on what Bitcoin means, beyond the hype of its bumpy price charts. However, because of the freedom it puts in the hands

2018-6-16 18:41	Op-ed
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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

2018-6-16 04:35	Bitcoin
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Op Ed: I Think, Therefore I Bitcoin: The Case for Bitcoin

A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.

2018-6-14 19:35	Op-ed
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