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Hut 8
Bitcoin Miner Hut 8 Fires Back at Short-Selling Report
Hut 8 Corp. (HUT) shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump. CoinDesk's Amitoj Singh presents "The Chart of the Day."
Bitcoin Miner Hut 8 Hits Out at Short-Selling Report
Hut's shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump.
Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.
U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter results from miners were a mixed bag.
Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds
Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.
