hut 8-mining

AI Artwork bitcoin mining natural gas (DALL-E/CoinDesk)
Crypto Winter Ends Era of Bitcoin Mining ‘HODLers’
Bitcoin miners are no longer able or willing to hold onto all of their mined digital assets indefinitely as a slump in prices is eating into their margins.
AI Artwork bitcoin mining natural gas (DALL-E/CoinDesk)

CDCROP: Wolf Hollow Power Plant in Texas
Bitcoin Miner BitNile Pulls 6,500 Rigs From Former Compute North Site
The company signed a hosting deal in August with now-bankrupt Compute North for a site that is now managed by USBTC.
CDCROP: Wolf Hollow Power Plant in Texas

CDCROP: environmental impact of bitcoin mining options (Midjourney/CoinDesk)
Shares of Bitcoin Miner Hut 8 Slump on Merger With US Bitcoin Corp.
The deal is a major consolidation move in the bitcoin mining industry.
CDCROP: environmental impact of bitcoin mining options (Midjourney/CoinDesk)

Moving through HIVE Blockchain's ethereum mining facility in Boden, Sweden, feels like teleporting between the Arctic and a tropical beach every few feet. (Sandali Handagama)
Large Ethereum Miners Look to Cloud Computing, AI Ahead of The Merge
The network's upgrade will do away with the need for bulky and expensive data centers, which the miners are looking to repurpose.
Moving through HIVE Blockchain's ethereum mining facility in Boden, Sweden, feels like teleporting between the Arctic and a tropical beach every few feet. (Sandali Handagama)

Hut 8 mining site (Hut 8)
Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ Its Mined Bitcoins
The miner also concluded its crypto lending program, bringing all of company bitcoin back into custody.
Hut 8 mining site (Hut 8)

(Wikimedia Commons)
The Future of Mining Finance: Time to Get Creative
To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.
(Wikimedia Commons)

Hut 8 mining site (Hut 8)
Hut 8’s Data Center Deal Will Set It Apart From Peers, Analyst Says
Hut 8 closed on its C$30 million purchase of 5 of TeraGo’s Canadian data centers on Jan. 31.
Hut 8 mining site (Hut 8)

Hut 8 mining site (Hut 8)
Crypto Miner Hut 8 Reports Surprise Q4 Loss
The company's revenue was in line with expectations, but Ebitda missed estimates.
Hut 8 mining site (Hut 8)

Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)
Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
However, DA Davison sees mining stocks as a better buying opportunity than bitcoin itself.
Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)