Hut 8 Corp. HUT

Alternate Symbol(s): T.HUT

Technology Software - Application

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.

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Hut 8 Corp.

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Post by zoevans1on May 01, 2024 3:42pm

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Post# 36018051

This company continues to grow the industry

Bitfarms Provides April 2024 Production and Operations Update

• Earns 269 $BTC in April 2024

• Improves corporate energy efficiency 9% to 31 w/TH

• Tracking to 21 EH/s and 21 w/TH in 2024 with transformative fleet upgrade

With miner installations underway at Paso Pe and full site energization scheduled in May, the Company’s transformative fleet upgrade and expansion plan is on schedule to deliver 21 EH/s and 21 w/TH in 2024.

https://investor.bitfarms.com/news-events/press-releases/detail/238/bitfarms-provides-april-2024-production-and-operations

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