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 > What do the big miners communicate?

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Comment by BrITeChOIceswiNon Nov 03, 2021 8:56pm

189 Views

Post# 34084878

RE:What do the big miners communicate?

Interesting! That's why their hash rate to Bitcoin production ratio doesn't match up to each other. Basically chalked it up as MARA and RIOT constantly installing new miners on a daily basis and thus hash rate constantly changing.

Could be that MARA and RIOT are having cooling issues and thus can't operate at maximum capacity - RIOT recently announced that they're going to be using immersion cooling on a large scale.

Definitely more strong reasoning that indicates BITF is very undervalued.

All the best

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