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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

Post by tcbmillon Jan 29, 2021 4:23pm
212 Views
Post# 32423064

same old same old

same old same oldHut shareholders seem to have the weakest hands out of all the miners.Time and again it drops more than any of the competition.Maybe because bitfury is selling to finance 5nm?I dunno.I would think volume would be higher if that was the case.BITF shot straight up at the close to finish almost at the high while hut sold off.Hive dropped but being an eth miner it didn't benefit much from the EM tweet.Our day will come i guess.Maybe take until BTC really breaks out and/or the q4 results.The good part is we always get more buying opportunities.
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