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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

Comment by Tuco110on Feb 23, 2021 2:23am
145 Views
Post# 32634189

RE:RE:RE:Energy required for Bitcoin transactions is unsustainable

RE:RE:RE:Energy required for Bitcoin transactions is unsustainable
AlphaJ wrote: In summary, most of us are millionairesand well...your not
juniorbullalive wrote: So in summary - Bitcoin has no value as a currency or medium of payment due to the extreme energy required per transaction -its a pure spec vehicle like tulips in 1600 -we know how that ended 



This fraudulent narrative of bitcoin transactions being unsustainable is laughable because they are not comparing the costs of true transactions. The article being thrown around compares the cost of MINING a bitcoin to a Visa transaction not the cost of an actual bitcoin wallet to wallet purchase. It's like comparing the cost of mining a 10 ounce bar of gold to the cost of making a dollar bill. This is the corrupt globalist cabal seeking to maintain their grip on the worldwide money supply through highschool level falacial arguments that they know will never be questioned by the media. They are scared. We have them running for cover. Don't blink. There is a revolution coming and we are the shock troops.
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