{"id":45322,"date":"2021-07-01T10:44:10","date_gmt":"2021-07-01T07:44:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45322"},"modified":"2025-09-01T10:32:31","modified_gmt":"2025-09-01T07:32:31","slug":"hut-8-buys-microbt-miners-for-more-than-44-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hut-8-buys-microbt-miners-for-more-than-44-million\/","title":{"rendered":"Hut 8 buys MicroBT miners for more than $44 million"},"content":{"rendered":"<p>Nasdaq-listed mining company Hut 8 Mining <a href=\"https:\/\/hut8mining.com\/hut-8-mining-announces-purchase-of-12000-new-microbt-miners-for-deployment-by-end-of-q4-2021\" target=\"_blank\" rel=\"noreferrer noopener\">announced<\/a> the purchase of 11,090 MicroBT miners from Hong Kong-based SuperAcme Technology.<\/p>\n<p>The batch of equipment from the Whatsminer M30S, M30S+ and M31S models was worth $44.373 million.<\/p>\n<p>Delivery of the miners is expected to begin in October 2021, with deployment of the devices to be completed by December.<\/p>\n<p>According to a press release, the acquisition complements a prior small purchase of 863 units of the M30S+ and M30S. The equipment will be delivered and deployed in July 2021.<\/p>\n<p>After the completion of the new contract, Hut 8 expects its hashrate to rise by 1.081 EH\/s. Along with previously disclosed investments, this would bring the company&#8217;s total to about <a href=\"https:\/\/forklog.com\/en\/news\/hut-8-forecasts-fivefold-growth-in-its-own-hashrate\">roughly up to 2.5 EH\/s<\/a> and mine 14-16 BTC per day, versus the current daily production of 6.5-7.5 BTC.<\/p>\n<p>The company plans to deploy the new fleet at a 100 MW mining facility under construction.<\/p>\n<p>Earlier in 2021, Hut 8 <a href=\"https:\/\/forklog.com\/en\/news\/hut-8-takes-out-11-8-million-loan-at-16-5-to-buy-bitcoin-miners\">took out a loan<\/a> of $11.8 million at 16.5% annual rate to purchase 5,400 Whatsminer M30S ASIC miners.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed mining company Hut 8 Mining announced the purchase of 11,090 MicroBT miners from Hong Kong-based SuperAcme Technology.<\/p>\n","protected":false},"author":1,"featured_media":45323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1136,1728],"class_list":["post-45322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hut-8","tag-microbt"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/45322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=45322"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/45322\/revisions"}],"predecessor-version":[{"id":45324,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/45322\/revisions\/45324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/45323"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=45322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=45322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=45322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}