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Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin trades above $100,000 again amidst surging institutional interest, Asher Genoot, CEO of Hut 8 … Read more
Hut 8 stock surged almost 8% following the announcement of the stock repurchase program. Go to Source
Hut 8 has argued a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner. Go to Source
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. The … Read more
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain. Go to Source
Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said. Go to Source
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency. Go to Source
Anchorage Digital converted the debt into common stock at a 51% premium. Go to Source
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence (AI) cloud developer. Hut 8 Deploys 1,000 Nvidia GPUs The new GPU cluster, designed and configured … Read more
The cryptocurrency mining company now has 1,000 Nvidia GPUs available. Go to Source
