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Bullboard - Stock Discussion Forum 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... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > This guy thinks
View:
Post by AlphaJ on Apr 19, 2021 9:10pm

This guy thinks

once all the bitcoins are done. Miners won't make money anymore....lol idiot
bufordpusser wrote: Think about it,  at 900 Bitcoins per day being mined, there are 2570.70 days left to mine the remaining 2,313,631.3 Bitcoins left to be mined. The clear winner in this mining game appears to be whoever can keep chugging along spitting out Bitcoins without digging into their bottom line for new mining machines and facilities.
Comment by BrITeChOIceswiN on Apr 19, 2021 10:45pm
Don't think you'll be thinking in year 2140 when all the Bitcoin are finally mined lol
Comment by AlphaJ on Apr 19, 2021 10:49pm
Not fully...im sure my humanoid body will have AI.
Comment by swhe on Apr 20, 2021 5:37pm
If we used your logic, every gold mine in history was not worth investing in because they were all destined to run out.  Miners like HUT are already planning for the future, albeit one far in ahead.  That is why they are branching out into ethereum, power deals to cut costs and gaurantee greener energy supplies.  Blockchain is growing so fast that who knows where it ends up.  ...more  
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