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Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.


NDAQ:HUT - Post by User

Comment by HaulJockeyon Mar 04, 2024 8:55am
88 Views
Post# 35912844

RE:RE:Endulge me

RE:RE:Endulge me
Just an observation. It's not about the coin, it's about the infrastructure. Imagine if you will, the coin is not the result of building the infrastructure, but the reward for building the infrastructure. If a countries dollar can suddenly become worthless, so can the coins generated via mining. If coins go to zero, what will become of the "machines"? We're not talking about a room or two of miners, combined there are tens of millions of high tech hardware machines on every continent with secured power sources and connections around the globe. With that computing power, add an ever growing AI and those who would "control" it...
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