Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Financial Services Cryptocurrency

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

Hut 8 Corp > not sure if anyone

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Comment by chucker23on Jan 19, 2021 5:45am

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RE:not sure if anyone

From I can see they were expecting about 1600 M30S miners to be shipped in Nov. My guess would be that they have them but were not functional at the time of putting the presentation together. Once working, these miners look to add an additional 140 PH/s.

It also sounds like an upgrade on some of their mining chips is coming. Hut currently has the highest hashrate amongst all its other competitors, and sounds like it will soon to be going higher.

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