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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 SpeedyPeetyon Mar 11, 2021 8:52pm
134 Views
Post# 32782496

RE:RE:RE:Ranting

RE:RE:RE:RantingSome thoughts. Jaime is from telecom and new to crypto. She deserves more than a few months to prove herself.

On price action. All miners trade a big multiples to their values, like 30x. So, as the market rotates from tech to old industry, it's possible the btc goes to $100k but mulitples drop in half for miners, so the price won't move. nasdaw won't change that. There's a lot of new miners to choose from, so investors are being split through many choices. That's not the fault of a ceo. If you just want a stock that follows btc price, buy the etf instead. 

Also, not all miners are the same. Someone should do a comparison of hashrate per mw for each public miner. That's the best way to compare miners, not hashrate alone. 

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