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

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Post by phoenix_traderon May 06, 2022 8:24am

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Post# 34661455

Dump HUT buy DMGI, look at production v's Market cap

Hut 8 (Market Cap Cdn$ 810 Mill) reports April production of 309 BTC (March 345 BTC). DMGI (Market Cap Cdn$ 79 Mill) reported April production of 88 BTC (March 75 BTC).

DMG sources power from Fortis/BC Hydro's Columbia Valley Hydro dams.

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POET increases production capacity to meet AI demand