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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 kaston1951on Jun 24, 2020 4:26pm
160 Views
Post# 31187695

RE:Dying on the vine

RE:Dying on the vine1. No clarity in their financials as to where the bitcoin mined goes, just Gibberish instead.
They fail the clarity test.
2. They seem to need to spend more than their profits on computer upgrades therefore mining investors pockets more successfully than BITCOINS, which is fine as long as free money comes in. But not sustainable for the long run.
3. Investors will only eat baloney when no other food's available
4. Founder of HUT quit
5. Bitcoin not moving up as hoped
Bullboard Posts