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

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Post by u30822on Jun 11, 2021 12:23pm

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Post# 33372687

Power consumption

Just about all the miners will be in trouble soon Their power usage is too high. They have expiring contracts and they will need new ones. They will not get the sweetheart deals that they have now and their overhead will go up cutting into profits. I own some of these miners and trying to figure out a way to ease out of them until they get the power issue resolved.

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