Hut 8 secures final court approval to merge with US Bitcoin
The Supreme Court of British Columbia granted Hut 8 Mining the final order necessary for the merger with the mining company US Bitcoin (USBTC).Hut 8 is a cryptocurrency mining company known for its large-scale operations.
Hut 8 secures final court approval to merge with US Bitcoin
The Supreme Court of British Columbia granted Hut 8 Mining the final order necessary for the merger with the mining company US Bitcoin (USBTC).
Riot Platforms trims August mining, as Bitfarms mines 383 BTC
In early September, mining companies reported results for the past month.
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.
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.
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.
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.
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.
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.
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.
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.We use cookies to improve the quality of our service.
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