{"id":78496,"date":"2023-05-09T16:50:15","date_gmt":"2023-05-09T13:50:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78496"},"modified":"2025-09-11T05:20:43","modified_gmt":"2025-09-11T02:20:43","slug":"hut-8-mined-132-btc-in-april","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hut-8-mined-132-btc-in-april\/","title":{"rendered":"Hut 8 mined 132 BTC in April"},"content":{"rendered":"<p>In April, Hut 8 Mining mined 132 BTC. In the firm&#8217;s reserves at the end of the month there were 9,265 BTC.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">? April 2023 ?<\/p>\n<p>Production Update Highlights:<br \/>\ud83e\udded 9,265 BTC in reserve<br \/>\ud83d\udca1finalizing options to operationalize miners from North Bay site<br \/>\u26cf\ufe0f132 BTC mined<br \/>\u2705progress on remediation at Drumheller site<br \/>\u2699\ufe0f50.77 BTC\/EH<\/p>\n<p>Read the full release here: <a href=\\\"https:\/\/t.co\/pvlZDzOV1e\\\">https:\/\/t.co\/pvlZDzOV1e<\/a>.<\/p>\n<p>\u2014 Hut 8 (@Hut8Mining) <a href=\\\"https:\/\/twitter.com\/Hut8Mining\/status\/1655905553694990336?ref_src=twsrc%5Etfw\\\">May 9, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n<\/p>\n<p>Average hashrate stood at 5.77 BTC\/EH. The company&#8217;s total hashrate at month-end reached 2.6 EH\/s.<\/p>\n<p>\\n\\n<\/p>\n<p>Representatives of the company clarified that they did not sell any bitcoins during the reporting period.<\/p>\n<p>\\n\\n<\/p>\n<p>According to the statement, during April Hut 8 completed repairs at its Drumheller facilities. As a result, the capacity of the installations declined by about 15%.<\/p>\n<p>\\n\\n<\/p>\n<p>Rising electricity tariffs also \\&#8221;created additional obstacles\\&#8221; for the company.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;We fully understand the impact of the Drumheller problems on the business as a whole: they are complex, but we have made significant progress and have a plan to address them. The company is fully focused on closing the deal with US Bitcoin Corp., which will increase our total capacity to 7.02 EH\/s and provide access to additional energy markets\\&#8221;, \u2014 said Hut 8 CEO Jamie Leverton.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>Last month the company <a href=\"https:\/\/forklog.com\/en\/news\/hut-8-cuts-bitcoin-mining-to-131-btc-in-march\"> mined <\/a> just one BTC fewer \u2014 131 BTC.<\/p>\n<p>\\n\\n<\/p>\n<p>In April, the miner Bit Digital <a href=\"https:\/\/forklog.com\/en\/news\/bit-digital-reports-32-3-million-revenue-for-2022\">reported a profit of $32.3m<\/a> for 2022. During the period, the company mined 1,247.5 BTC and 294.3 ETH.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In April, Hut 8 Mining mined 132 BTC. At month end the firm held 9,265 BTC in reserves.<\/p>\n","protected":false},"author":1,"featured_media":78497,"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":[1137,1136,1252],"class_list":["post-78496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hut-8","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78496","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=78496"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78496\/revisions"}],"predecessor-version":[{"id":78498,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78496\/revisions\/78498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78497"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}