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.

NDAQ:HUT - Post by User

Hut 8 Corp > Take a look at the great BITF numbers

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Comment by Invest4Life2016on Nov 03, 2021 3:21am

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Post# 34080710

RE:RE:Take a look at the great BITF numbers

Not so sure that they are going to be superior much longer. Bitfarms will be continuosly installing new miners over the next 12 months to reach 8 EH/s by the end of 2022. Right now Bitfarms has 2 EH/s compared to 1.4 EH/s for HUT. Basically Bitfarms is earning 30% more bitcoins which is going to make it's 4th quarter much better then HUT. I think HUT bitcoin mining # in Oct is going to dissapointing.

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