Hut 8


Markets

Crypto Miners Hoarding Bitcoins as Price Surges Above $55K

Riot Blockchain, Marathon Digital and Hut 8 have all been “hodling” the bitcoin they’ve mined in September.

Inside Bitmain Technologies Ltd.'s Bitcoin Mine

Finance

Crypto Miners Marathon Digital, Hut 8 Rally as Bitcoin Tops $50K

The Bitcoin blockchain’s hashrate has increased, and so has mining difficulty, but investors are betting the largest cryptocurrency’s recent price gains might translate to profit growth.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

Videos

Potential Impact of the Bipartisan Infrastructure Bill on Miners

Tanya Woods, General Counsel at North American mining giant Hut 8, discusses how the U.S. Senate’s $1 trillion bipartisan infrastructure bill could affect Hut 8, which operates exclusively in Canada, and how it could inform the outlook for crypto regulation in the Great White North.

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Videos

Bitcoin Mining Council Says Sustainable Power Mix on the Rise

According to a new survey by the Bitcoin Mining Council, bitcoin mining has increased to 56% sustainable energy consumption in the second quarter of this year. Councilmember Jaime Leverton of crypto mining firm Hut 8 digs into the data on sustainable mining, discussing bitcoin's heated energy debate. Leverton also addresses concerns that Hut 8 is a "dirty miner," affirming Hut 8 is "looking at programs to involve carbon offsets, and build out a framework... to become more sustainable over time."

Recent Videos

Markets

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.

Network servers.

Finance

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.

Bitcoin mining rigs

Videos

Did Sustainability Concerns Trigger Thursday's Sell-Off?

Some have cited the ongoing bitcoin sustainability debate as one potential reason for Thursday's market crash. Mining company Hut 8's CEO Jaime Leverton joins "First Mover" to weigh in on the debate, her thoughts on the influx of mining operations in North America, and the future of "clean" bitcoin.

Recent Videos

Markets

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

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

Mining farm

Markets

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.

Hut 8 Luxor Ethereum mining (Bet Noire/iStock/Getty Images Plus)

Markets

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.

GPUs set up for cryptocurrency mining.

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