2020-5-12 00:57 |
Hut 8's Q1 2020 earnings fell, pulled lower by falling revenue, decreased EBITDA and increased collateral requirements. origin »
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Bitcoin mining firm Hut 8 reported third-quarter earnings that surpassed expectations, with revenue exceeding $43. 7 million. Miami-headquartered crypto mining firm Hut 8 reported third-quarter earnings results Wednesday morning.
2024-11-13 17:07 | |
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Toronto-based mining company Hut 8 reports impressive revenue numbers, but the success of its future in the post-halving reality is murky
2020-4-3 20:00 | |
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Hut 8, one of the largest public Bitcoin mining farms by operating capacity, has released its financial report for the second quarter of 2019. The mining firm recorded a tremendous surge in its net profit and overall revenue for Q2, with the net profit for the firm reaching $33.
2019-8-30 21:30 | |
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Canadian BTC miner Hut 8 downplays 2018 losses within context of increased revenue and market recovery
2019-5-8 14:37 | |
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Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More.
2019-4-7 15:00 | |
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A Canadian Bitcoin mining firm, Hut 8 has reported record revenue of CAD17. 7 million ($13. 4 million) in Q3, according to its quarterly financial report ending Sept. 30th published on Nov. 8th.
2018-11-10 15:59 | |
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Hut 8 Mining Corp. , a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8. 7 million on higher depreciation costs. Depreciation spiked to $13.
2018-11-10 23:10 | |
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The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit.
Coinbase (COIN) reported second-quarter earnings on Thursday.
The crypto market pulled back from the first-quarter's record highs during the three-month period.
The company's loss per share doubled to $0.32.
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.
