Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers

Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Minin

Analysts reiterate ‘buy’ rating as Hut 8 inks $125m deal

On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut…