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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 Aug 12, 2020 6:52pm
136 Views
Post# 31400673

RE:RE:RE:HUT 8, Bitfarms or Hive?

RE:RE:RE:HUT 8, Bitfarms or Hive?

I own all three. Don't need to put all your eggs in one basket. Might as well throw CSTR In there as well. If you believe the price of BTC is going to up to a new ATH by the end of this year then these tickers are all no-brainers.

Regarding new mining equipment for HUT, they just sent out an operational update and it seems like those machines are just about to come online. We won't see the benefit of that for a few more months unfortunately.

However, as long as BTC continues to stay above 11K things are looking very promising. The next few months will be very revealing.

Enjoy!



Johnny0081 wrote: Hive mines ETH and some other tokens. It stopped mining BTC because their costs were too high. I haven't looked into bitfarms as deep but it seems it has a low cost to mine as well. Hut 8 has good management and although volatile very undervalued. I believe earnings come out tomorrow. Let's see how their new mining equipment does.

 

Bullboard Posts