2.6°C
Hilliard
11-13-2024
BSV
$55
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BTC
$86656
Vol 131720.74m
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BCH
$409.02
Vol 1065.91m
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$72.7
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$0.36
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Hut 8

Hut 8 shuts down Alberta site amid surging power costs
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12 March, 2024

Hut 8 shuts down Alberta site amid surging power costs

Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...
Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d
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2 February, 2024

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest...
Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims
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25 January, 2024

Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims

A report from a short-selling firm claims Hut 8 is setting its investors up for a pump-and-dump event, which the...
Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan
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22 December, 2023

Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan

The new site in Cedarvale, Texas, will host 66,000 mining rigs, with construction set to start in a few weeks;...
Canadian court approves BTC miner Hut 8’s merger with USBTC
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20 September, 2023

Canadian court approves BTC miner Hut 8’s merger with USBTC

97% of Hut 8 shareholders voted to merge with USBTC, and the only holdup now is the registration of the...
Canadian block reward miner Hut 8 reports 8% Q2 loss
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20 August, 2023

Canadian block reward miner Hut 8 reports 8% Q2 loss

Like its peers in the BTC mining industry, Hut 8 had a poor quarter, with the shutdown of one of...
BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market
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11 February, 2023

BTC miner Hut 8 merges with US Bitcoin Corp. to weather brutal bear market

The two companies will now be subsidiaries under Hut 8 Corp., or New Hut, with USBTC benefiting from a strong...
BTC miner Hut 8 sues power supplier for breach of power purchase contract
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1 February, 2023

BTC miner Hut 8 sues power supplier for breach of power purchase contract

Hut 8 is accusing Validus Power Corp. of failing to meet its contractual obligations for a power purchase agreement and...
Canada gov’t urged to roll out welcome wagon for blockchain innovators
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15 February, 2022

Canada gov’t urged to roll out welcome wagon for blockchain innovators

Michelle Rempel Garner, Member of Parliament for the riding of Calgary Nose Hill, recently introduced Bill C-249, ‘an Act respecting...
Enterprise Blockchain Processor, TAAL, becomes Hut 8’s Newest Hosting Services Partner
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28 May, 2021

Enterprise Blockchain Processor, TAAL, becomes Hut 8’s Newest Hosting Services Partner

Hut 8 will provide physical hosting and optimization services and access to competitive electrical power for 960 newly-purchased digital hashing...
Hut 8 seeks to raise close to $400M in latest offering
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13 April, 2021

Hut 8 seeks to raise close to $400M in latest offering

Per Hut 8’s short-form prospectus, the proposed offering would occur during the 25-month span in which the prospectus remains effective.
Hut 8 reports 87% rise in net income as it diversifies mining portfolio
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29 March, 2021

Hut 8 reports 87% rise in net income as it diversifies mining portfolio

Despite nearly doubling its net income, the company saw its total revenue drop from $82 million in 2019 to $40.7...