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 zoevans1on Jan 16, 2024 1:53pm

153 Views

Post# 35829562

New developments in the industry!

Bitfarms announced:

" Progress update!

Construction is well underway for our new #Bitcoin mining farm in Paso Pe, Paraguay

Latest news:

• Finalized the amended contract for an additional 20 MW of energy to support expansion of air-cooled warehouse operating capacity from 30 MW to 50 MW for total capacity of 70 MW.

• Completed the manufacture of the 80 MW transformer, which is now in transit.

• Nearing completion of the underground cable connections to the ANDE sub-station"

https://twitter.com/Bitfarms_io/status/1746963555826516403