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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 BrITeChOIceswiNon Mar 08, 2021 6:40pm
125 Views
Post# 32748868

RE:Price suppression?

RE:Price suppression?Pretty much! Can't wait for decentralized trading platforms where HFT is banned. For the time being the HFT algos are keeping the miners from upside momentum. March 25th financials should short circuit them though. Gotta remember HUT is mining 6.5 BTC/day at an all in cost between $6-$7 grand/coin. That's ~$360,000 profit per day - doesn't take a savvy investor to realize some of these crypto miners are going to be huge come the next halving. Patience is key here, otherwise regret will soon follow.
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