#Hut 8

Hut 8 is a cryptocurrency mining company known for its large-scale operations.

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ForkLog 18 12.09.2023

Riot Platforms trims August mining, as Bitfarms mines 383 BTC

In early September, mining companies reported results for the past month.

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ForkLog 10 09.08.2023

July reports: Marathon Digital mined 1,176 BTC, Argo Blockchain cuts production by 11%

In early August, mining companies reported their results for the past month. ForkLog has compiled the key indicators in one piece.

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ForkLog 7 03.07.2023

Hut 8 Mining reports growth in the high-performance computing sector

Hut 8 Mining announced new contracts for high-performance computing services, including the artificial intelligence (AI) industry.

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ForkLog 9 26.06.2023

Coinbase extends $50m credit line to Hut 8

The mining company Hut 8 Mining agreed with Coinbase to open a $50 million line of credit secured by bitcoins.

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ForkLog 7 09.05.2023

Hut 8 mined 132 BTC in April

In April, Hut 8 Mining mined 132 BTC. At month end the firm held 9,265 BTC in reserves.

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ForkLog 4 05.04.2023

Hut 8 cuts Bitcoin mining to 131 BTC in March

In March, the Canadian mining company Hut 8 Mining mined 131 BTC. The firm’s cryptocurrency reserves at the end of the month stood at 9,133 BTC.

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ForkLog 11 10.03.2023

Canadian regulator approves Hut 8 and US Bitcoin merger

The Canadian Competition Bureau does not intend to challenge the merger of Hut 8 Mining and US Bitcoin (USBTC). This is stated in a press release.

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ForkLog 11 09.03.2023

Hut 8 reports annual revenue of $109 million and growth in Bitcoin mining

In 2022, Hut 8 Mining generated revenue of CAD 150.7 million ($109 million). Compared with the previous period, the figure declined by CAD 23.1 million amid higher Bitcoin mining.

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ForkLog 6 13.02.2023

Hut 8 raises Bitcoin reserves to 9,274 BTC

In January the Canadian mining company Hut 8 Mining mined 188 BTC. The firm raised its Bitcoin reserves to 9,274 BTC.

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ForkLog 22 07.02.2023

Hut 8 and US Bitcoin to merge into new Hut 8 Corp.

North American mining companies Hut 8 and US Bitcoin have announced a merger.

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ForkLog 15 27.01.2023

Hut 8 Mining sues electricity provider

Canadian mining company Hut 8 Mining has filed a lawsuit in the Ontario Superior Court against electricity supplier Validus Power Corp. and its subsidiary Bay Power Corp. That is stated in a press release.

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ForkLog 7 05.12.2022

Hut 8 Mining Raises Reserves to 8,925 BTC

In November, the Canadian mining company Hut 8 Mining mined 238 BTC. Under its strategy, all generated cryptocurrency was added to reserves, bringing the total to 8,925 BTC.

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