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Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday. дальше »
2024-4-23 17:07
What made Bitcoin mining major Hut 8 shares surge?
Hut 8 Corp (NASDAQ:HUT) shares surged about 20 percent on Thursday after the Bitcoin mining giant reported an uptick in revenue to $60. 6 million for the six-month period ending December 31, 2023. This was accompanied by a net income of $6. дальше »
2024-3-29 12:42
Bitcoin miners Hut 8, USBTC prepares for halving with merger into new company
Hut 8 Mining Corp. , a North American Bitcoin (BTC) miner, said it has finalized a merger with US Bitcoin Corp (USBTC) and is rebranding to a U. S. -based entity that would be known as Hut 8 Corp (New Hut), according to a Nov. дальше »
2023-12-2 17:23
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
According to Hut 8 CEO Jaime Leverton, the newly merged mining business will have “highly diversified fiat revenue streams.”
дальше »2023-10-11 15:55
Disappointing Q2 earnings send shares of Bitcoin Miner Hut 8 plummeting
Following the release of disappointing Q2 earnings results, Hut 8 (TSX: HUT), a Toronto-based Bitcoin mining company, had its shares drop 8% on Monday. The company reported that it mined 399 BTC during the quarter that ended on June 30; a decrease of 58% from the same time last year. дальше »
2023-8-15 22:27
Bitcoin miner Hut 8 revenue declined by $18.3 million in Q2
Hut 8 posted revenue of $14. 3 million (19. 2 Canadian Dollars), which had fallen $18. 3 million during the quarter compared to Q1, 2023. The company mined 399 Bitcoin (BTC) but sold a total of 396 BTC for $10. дальше »
2023-8-15 16:22
Hut 8 secures $50 million credit facility from Coinbase
Hut 8 will have the option to draw $20 million and $15 million after the first tranche. The $50 million loan facility will mature one year after the first borrowing, and bear interest. CEO Jaime Leverton noted in a statement that the funds will give Hut 8 financial flexibility ahead of Bitcoin’s halving. дальше »
2023-6-26 21:25
Mining Company Hut 8 Secures $50M Loan From Coinbase
Hut 8 has secured a $50 million credit facility from Coinbase Credit for financial flexibility and manage their Bitcoin treasury management strategy effectively before the halving. The post Mining Company Hut 8 Secures $50M Loan From Coinbase appeared first on BeInCrypto. дальше »
2023-6-27 19:30
Hut 8 Mining swings to adjusted EBITDA loss in its fiscal Q4
Hut 8 Mining reports disappointing results for its fiscal Q4. Digital assets mined this quarter was also down year-on-year. Wall Street currently has a consensus overweight rating on HUT. Hut 8 Mining Corp (TSE: HUT) is trading down this morning after reporting disappointing results for its fourth financial quarter. дальше »
2023-3-10 20:53
Hut 8 just announced a merger with US Bitcoin: here’s what we know
Hut 8 to merge with US Bitcoin to diversify revenue streams. Mining potential of the combined company will be 5. 6 EH/s. Hut 8 Mining Corp stock ended slightly down on Wednesday. Hut 8 Mining Corp ended slightly in the red on Wednesday after revealing plans to merge with US Bitcoin Corp. дальше »
2023-2-9 03:48
Crypto Miner Hut 8 Hires Former IBM Executive as CFO
Canadian bitcoin mining firm Hut 8 (HUT) has hired Shenif Visram as its new chief financial officer (CFO), replacing Shane Downey who leaves the company following a 20-month tenure. дальше »
2022-12-14 15:12
Hut 8 partners Zenlayer to bring global cloud services to Web3
Hut 8 Mining Corp. (NASDAQ: HUT, TSE: HUT), one of the largest Bitcoin (BTC/USD) mining firms and computing infrastructure providers in North America, has announced a partnership with cloud service provider Zenlayer to bring global-edge cloud solutions to Web3. дальше »
2022-8-24 19:24
Fast food consortium files metaverse trademarks
The company behind Pizza Hut, KFC, and Taco Bell recently filed numerous trademark applications for NFTs and metaverse products relating to the fast-food franchises. Yum! Brands You are most likely familiar with one of the following brands, KFC, Pizza Hut, or Taco Bell. дальше »
2022-4-2 22:51
Crypto miner Hut 8 plans to hold 5K Bitcoin by 2022
Hut 8 CEO Jaime Leverton said the firm was on track to mine up to 3 additional BTC per day by the end of August.
дальше »2021-6-29 19:30
Bitcoin (BTC) Miner Hut 8 Approved by NASDAQ, Microstrategy's Saylor Foresees New Listings
Hut 8 Mining Corporation confirms that its shares are approved for listing on world's second largest exchange, the NASDAQ дальше »
2021-6-11 18:41
Hut 8 Mining’s Shares to Be Listed on Nasdaq
Hut 8 will also retain its listing on the Toronto Stock Exchange. дальше »
2021-6-15 18:03
Miner Hut 8 Purchases $30 Million of Nvidia CMPs
Publicly listed Canadian miner Hut 8 announced the purchase of the Nvidia CMPs on March 26. The move helps broaden the company’s mining capacities while maintaining its Bitcoin mining operation. Hut 8 did not specify how many GPUs, or which versions of the CMP, were being purchased. дальше »
2021-3-28 10:38
Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash. дальше »
2021-3-28 18:00
Bitcoin miner Hut 8 to join Foundry USA Pool, DCG's subsidiary
Canada-based mining company Hut 8 is now mining operations with Foundry USA Pool, a subsidiary that is wholly owned by Digital Currency Group (DCG). The mining company said it added a portion of its tThe post Bitcoin miner Hut 8 to join Foundry USA Pool, DCG's subsidiary appeared first on AMBCrypto. дальше »
2021-3-24 00:30
Hut 8 Partners With Foundry Digital To Secure 475 PH/s In Bitcoin Mining Capacity
Hut 8 turned to Foundry Digital for $11.8 million in financing and access to 5,400 new MicroBT Whatsminer M30S mining rigs. The post Hut 8 Partners With Foundry Digital To Secure 475 PH/s In Bitcoin Mining Capacity appeared first on Bitcoin Magazine. дальше »
2021-1-26 22:46
Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8
Bitfury current holds 37.2 million shares of Hut 8. дальше »
2020-12-10 19:04
Pizza Hut Now Accepts Bitcoin Payments in Venezuela
Continue reading at Coinspeaker дальше »
2020-12-1 17:02
All Pizza Hut Locations Accept Cryptocurrencies in Venezuela
All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger King, Intercontinental Hotel, Traki, and several other major stores in Venezuela that accept bitcoin. дальше »
2020-11-29 13:15
Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving
Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline. дальше »
2020-8-15 10:30
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 дальше »
2020-4-3 20:00
Bicoin mining firm Hut 8 conditionally approved to be listed on TSX
Bicoin mining firm Hut 8 conditionally approved to be listed on TSX - CryptoNinjas Hut 8, one of the world’s largest public cryptocurrency mining companies by operating capacity and market capitalization, announced today that it has been conditionally approved to be listed on the Toronto Stock Exchange (TSX) via TSX Sandbox. дальше »
2019-9-25 16:57
Canadian Mining Company Hut 8 Sees Revenues Going Up 250% In Q2
If there are clear winners of the crypto market in 2019, they are certainly the miners. Many companies are seeing huge improvements in their profits during the second quarter of 2019. Hut 8 Mining Corp. дальше »
2019-8-30 00:20
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 […] дальше »
2019-7-9 19:36
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. дальше »
2019-5-10 20:04
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. дальше »
2019-5-9 18:00
Canadian Crypto Mining Company Hut 8 Posts $136 Million in Loses During 2018 After $49.4M
Canadian cryptocurrency mining giant Hut 8 recorded $136 million in losses in 2018, according to its annual earnings report published Monday. Hut 8 Mining Corp (TSXV:HUT) is one of the world’s largest publicly traded crypto mining companies by operating capacity and market capitalization. дальше »