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Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

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

Comment by inviolablspiriton Feb 29, 2024 11:02am
99 Views
Post# 35906507

RE:$60,000 BTC !!!!......

RE:$60,000 BTC !!!!......Cryptocurrencies employ almost nobody, they produce no product or service, but they use the greatest amount of energy in human history to produce a virtual coin, in otherwords NOTHING!  Lol  

Sooner of later this scam will fall apart and unfortuantely it with be the retail investor holding the bag and losing their money.  There are so many scam crypto exchanges out there that many investors will soon realize that they are not even invested in any cryptocurrency when they try to retrieve their money.  

Given the amount of energy used to mine crypto and the need to conserve energy worldwide, cryptocurrencies are in complete contradiction.  How much longer can governments really continue to allow this scam to to use immense amounts of energy for NOTHING!

Where can you use your crypto?  What retail outlets accept it?  Unless you are doing criminal activity it really doesn't seem to have much use.  And given that there are over 23000 cryptocurrencies today they have destroyed it's original argument to replace world currencies of which there are only 180.  

Gook luck with it.  Take your money out while you still can!




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