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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Comment by Johnny0081on May 11, 2020 11:01pm

150 Views

Post# 31015080

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:well well well

kaston1951 wrote: Thank you on the RIOT tip. But look how clear their financials are, a pleasure compared to HUT's Jibberish. HUT took a 35 Million writedown and had 2+ million net profit, in the real world that means 37 million more dollars in your pocket, they fail to account for the money, at least in a clear way. HUT waisted 50 pages on notes and notes to notes that were enigmas inside a blackhole. I am happy to see thei shares up (mostly) for now, but I rather see a clear path, they don't make sense.

They are very clear. What don't you understand? Maybe someone here can help. I'm not sure where you see $35M writedown.

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