Tag: Hut
Bitcoin (BTC) Price Eyes $67K as Crypto Stocks RIOT, HUT Bounce Nearly 20%
On the longer outlook, though, the past three halvings were followed by an exponential move higher for bitcoin's price about 50-100 days after the eve [...]
Bitcoin (BTC) Miner Hut 8’s (HUT) Post-Merger Prospects Look Good: Benchmark
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Bitcoin Miner Hut 8 (HUT) Has Larger, More Diversified Business Following USBTC Merger: Canaccord
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Bitcoin Miner Hut 8 (HUT) Shares Slide as CEO Jamie Leverton Quits Weeks After Short Sellers’ Report
“The merger of equals of Hut 8 and US Bitcoin Corp was a transformational moment for both companies,” Hut 8 Chairman Bill Tai said in a statement. “Hu [...]
Bitcoin Miner Hut 8 Hits Out at Short-Selling Report
The report by short-selling firm JCapital Research led to HUT sliding more than 23% on Jan. 18.
www.coindesk.com [...]
Bitcoin Miner Hut 8 (HUT) Shares Sink as Net Loss More Than Doubles
The Toronto-based company's loss widened to C$53.6 million ($39 million) from C$23.8 million, while sales slumped to C$17 million from $31.7 million i [...]
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
The Canadian Bitcoin (BTC) mining company Hut 8 continues to accumulate self-mined BTC amid the ongoing merger deal with the industrial cryptocurrency [...]
Bitcoin Miners HUT, MARA, RIOT Rally as BTC Retakes $27K
At press time, bitcoin was holding at $27,300, up 3.1% over the past 24 hours. Coming later this week is a rate-setting meeting for the U.S. Federal R [...]
Hut 8 receives greenlight from Canadian Supreme Court for USBTC merger
Canadian Bitcoin mining firm Hut 8 is set to wrap up its planned merger with US Bitcoin (USBTC) following final approval from the Supreme Court of Bri [...]
BTC Miners Such as MARA, RIOT, HUT Are Playing a Survival Game, Mulling AI: Bernstein
The resurgence has been driven by two main factors, the report said. First, strong bitcoin price action due to improving sentiment resulting from Blac [...]
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 with peer USBTC.
www [...]
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
The Canadian Bitcoin (BTC) mining company, Hut 8 Mining, has secured a credit facility from a subsidiary of the United States-based cryptocurrency exc [...]
Crypto Miner Hut 8 (HUT) Says Repairs to Damaged Equipment at Alberta Site Are Taking Longer Than Expected
“Progress in bringing the equipment back online has been slower than expected given frequent curtailments and hardware failures due to power surges,” [...]
Hut 8 (HUT) First-Quarter Revenue Drops 64% as BTC Mining Difficulties Bite
While the crypto mining industry is staring to emerge from a brutal crypto winter that saw major names like Compute North and Core Scientific (CORZ) f [...]
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.
www.coindesk.com [...]