Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Financial Services Cryptocurrency

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 > Weil it seems bitcoin price no longer matters to hut

<< Previous

Bullboard Posts

Next >>

Comment by checkupon Nov 10, 2023 11:14am

198 Views

Post# 35728434

RE:Weil it seems bitcoin price no longer matters to hut

Happening to all the miners just about. Doesn't make sense. Cost of mining is up as difficulty rises but the rise in BTC and ETH has to be very positive for cash flow. Going forward some miners will not make it but that doesn't apply to HUT

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features