Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter.
Crypto mining firms Hut 8 and US Bitcoin plan merger
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
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.
Hut 8 surpasses 8,000 BTC mark as it continues to HODL
The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs.
Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
According to the firm, it mines close to 20 BTC per day.
Bitcoin mining stocks have outperformed BTC by 455% over the past 12 months
While Bitcoin is up 900% in the last 12 months, shares in the four largest publicly-traded mining firms are up 5,000% over the same period.
Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines
The new machines will add 475 PH/s to Hut 8’s hash power.
Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks
Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.
Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving
Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm’s BTC holdings helped it finish the quarter in the black.
Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.
Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.
Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M
Hut 8 says its new funding is going towards increasing the bitcoin miner’s total capacity by a fifth.
Market Wrap: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume
Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.
In Canada They’re ‘Essential,’ In Argentina They’re Shut Down: Bitcoin Miners Reckon With COVID-19
Here’s how the “Great Lockdown” is redrawing the bitcoin mining landscape. The halving and economic crisis may be priced-in – but local politics aren’t.