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Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps

[Nov 14, 2023 9:22 AM] The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.

Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility

[Nov 7, 2023 12:30 AM] Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its…

Hut 8 receives green light from Canadian Supreme Court for USBTC merger

[Sep 18, 2023 6:37 AM] The Supreme Court of British Columbia has given Hut 8 final clearance to complete a proposed merger with USBTC.

Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing

[Jul 3, 2023 2:58 AM] Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.

Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase

[Jun 26, 2023 9:13 AM] The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC.

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

[May 25, 2023 6:57 PM] The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

[May 18, 2023 3:44 AM] The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

[May 11, 2023 11:39 AM] Thursday's reported first-quarter earnings from miners were a mixed bag.

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

[May 11, 2023 6:03 AM] The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues

[May 9, 2023 5:28 AM] The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.

Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds

[Apr 13, 2023 1:26 PM] Fresh economic data Thursday morning suggested slowing in both inflation and jobs growth.

Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022

[Apr 10, 2023 1:37 PM] The bitcoin miners are posting the largest percentage gains on Monday.

U.S. Bitcoin Corp. Expected to Settle With City to Resume Mining in Niagara Falls

[Apr 5, 2023 9:16 AM] The firm is currently trying to complete a merger with Canadian Hut 8 Mining.

Public Miners Are Outperforming Bitcoin

[Feb 22, 2023 9:45 AM] Even with the recent rise in the bitcoin price, public bitcoin mining stocks start the year with more impressive gains than the asset itself.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets…

Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

[Feb 21, 2023 4:51 AM] Jaime Leverton has led digital asset mining player Hut 8 over the past two years, wading through the waters of the bull market of 2021 and the bear market of 2022.

Hut 8 merger would've happened even without FTX or crypto turmoil, says CEO

[Feb 8, 2023 11:00 PM] Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter.

Bitcoin Mining Firms Hut 8 and US Bitcoin Corp. Announce Merger

[Feb 7, 2023 12:41 PM] The merged company will have access to 825 MW energy, including infrastructure operations with renewable and zero-emission energy sources.Bitcoin miner Hut 8 has agreed to a merger with US Bitcoin Corp. Both firms will become wholly owned…

Crypto mining firms Hut 8 and US Bitcoin plan merger

[Feb 7, 2023 10:15 AM] The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities.

Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

[Jan 26, 2023 11:01 PM] The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.

Hut 8’s Ontario Bitcoin Mining Operation Halted Amidst Power Disputes

[Jan 9, 2023 4:06 PM] The mining company confirmed the operation is still shuttered after contractual disagreements with their power provider, Validus Power.Hut 8’s bitcoin mining operation in North Bay, Ontario has come to a standstill after a set of disagreements with…

100%: Public Bitcoin miners sold almost everything they mined in 2022

[Dec 27, 2022 8:38 PM] Publicly listed Bitcoin miners sold off nearly everything they mined in 2022 but appear to have started accumulating reserves once again.

Public Bitcoin Miners Fight For Survival

[Dec 11, 2022 10:00 PM] Hash rate had its first major drawdown since July 2021 and public miners are feeling the pressure as tough conditions may last for a sustained period of time. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's…