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 > Not sure what this means

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Comment by LeJameson Jan 30, 2021 11:03pm

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Post# 32430264

RE:RE:Not sure what this means

The theme of decentralization will def benefit BTC in the long term. To many Reddit-following gamblers though, nothing is decentralizing enough other than the targets declared on Reddit. So in the near-term, this may hurt index markets and everything that isn't heavily shorted, including BTC. Inverse correlation between the SP of GME and BTC pricing since Thursday is quite concerning.

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