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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

Bullboard Posts
Comment by countalphamomoon May 06, 2020 9:02am
171 Views
Post# 30991919

RE:RE:RE:Coindesk Research Note - HUT8 Deep Dive

RE:RE:RE:Coindesk Research Note - HUT8 Deep DiveI'm long HUT so I definitely want it to be successful. Curently underwater so I want you guys to be right. I'm just keeping an open mind to both sides of the argument.

Good news is that the price is over 9K this morning and there is good reason to believe it will stay above 8K from here.

We definitely need HUT to hang in there for a few months after the halving and watch the other less efficient miners drop away. As long as the price can stay on the uptrend we will be fine.

Any prolonged drop in the price of BTC and things will be ugly.

So once again... everything depends on the price of BTC. You can't argue with that.

All the best. HODL on.


gatekeeper1977 wrote: Finally someone with common sence and actually following this company in depth. Hut 8 is well or even best positioned as a Bitcoin miner.


Bullboard Posts