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 checkupon Aug 14, 2023 12:01pm

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Post# 35587119

Anything good here

Quarterly report was worse than I expected big time. Profit down 50+%. Crazy that the Drumheller location is such a problem in a low energy cost Province. Their ESG references denote an unfortunate focus. I think it is a waste of time and money and many corporations are thinking the same I'm hearing.

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Gold vs. bitcoin, where should you invest?