Hut 8 Corp. HUT

Alternate Symbol(s): T.HUT

Technology Software - Application

Hut 8 Corp. is a data mining company. The Company provides the infrastructure and solutions in the global technology ecosystem. The Company is engaged in Bitcoin mining and hosting, managed services, energy arbitrage, operating traditional data centers, and utilizing emerging technologies, such as artificial intelligence (AI) and machine learning. It operates computing infrastructure across its sites that mines Bitcoin and delivers cloud, colocation, and high performance computing services to its enterprise customers. Its infrastructure portfolio includes about eleven sites: five high performance computing data centers across British Columbia and Ontario that offer cloud, co-location, AI, machine learning, and visual effects (VFX) rendering computing solutions, and six Bitcoin mining, hosting, and managed services sites located in Alberta, New York, Nebraska, and Texas. The Company’s infrastructure and networking capabilities support customers complex workloads and computing needs.

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Hut 8 Corp. > Weil it seems bitcoin price no longer matters to hut

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Comment by checkupon Nov 10, 2023 11:14am

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RE:Weil it seems bitcoin price no longer matters to hut

Happening to all the miners just about. Doesn't make sense. Cost of mining is up as difficulty rises but the rise in BTC and ETH has to be very positive for cash flow. Going forward some miners will not make it but that doesn't apply to HUT

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