2024-5-8 17:26 |
Hut 8 reports a 36% decrease in bitcoin mined in April, impacted by the halving event and miner relocation to a new Texas site. The post Mining Company Hut 8 Extracts 36% Less Bitcoin After Halving appeared first on BeInCrypto. origin »
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Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
2024-4-23 00:17 | |
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The historical pattern suggested that Bitcoin halving often leads to value surges after the halving event. Hut 8 Mining CEO emphasized the need for large miners to adapt to low-cost operationThe post Exec says upcoming Bitcoin halving is on a 'different scale' as... appeared first on AMBCrypto.
2024-4-3 20:00 | |
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Hut 8 Mining CEO Asher Genoot said the coming Bitcoin halving will be on a “different scale” in terms of impact on the mining industry. Genoot said during an interview with Bloomberg on April 2 that large scale miners must become “low-cost operators” to ensure they can survive the turbulent market conditions post-halving.
2024-4-3 00:09 | |
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Hut 8 Mining Corp. , a North American Bitcoin (BTC) miner, said it has finalized a merger with US Bitcoin Corp (USBTC) and is rebranding to a U. S. -based entity that would be known as Hut 8 Corp (New Hut), according to a Nov.
2023-12-2 17:23 | |
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Bit Digital (BTBT), Hut 8 (HUT) and Marathon (MARA) are among mining stocks that are outperforming on Monday as bitcoin's price continue to hold above $30,000.
2023-10-23 19:14 | |
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New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
2023-8-29 00:00 | |
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Hut 8 will have the option to draw $20 million and $15 million after the first tranche. The $50 million loan facility will mature one year after the first borrowing, and bear interest. CEO Jaime Leverton noted in a statement that the funds will give Hut 8 financial flexibility ahead of Bitcoin’s halving.
2023-6-26 21:25 | |
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Hut 8 has secured a $50 million credit facility from Coinbase Credit for financial flexibility and manage their Bitcoin treasury management strategy effectively before the halving. The post Mining Company Hut 8 Secures $50M Loan From Coinbase appeared first on BeInCrypto.
2023-6-27 19:30 | |
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The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said.
2023-6-26 16:30 | |
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Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline.
2020-8-15 10:30 | |
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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.
2020-8-14 20:16 | |
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After the halving last month, the bitcoin hash rate is recovering while China’s rainy season is helping with the cost. On one side, miners are ramping up their efforts with Hut 8 looking to raise $5.
2020-6-13 19:34 | |
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Crypto mining firm Hut 8 have reported their Q1 2020 Financial results in line with the BTC halving event that was triggered yesterday night after the 630000th block was mined. Their posted results have indicated gradual dwindling revenues the crypto miners have experienced.
2020-5-13 23:42 | |
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Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.
2020-4-19 00:21 | |
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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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Bitcoin's current market cycle stands out for its growing institutional influence and reduced volatility, with Glassnode noting increased resilience and liquidity, positioning Bitcoin as a key global asset.
ECB President Christine Lagarde rejects Bitcoin as a reserve asset, while the Czech National Bank explores adding Bitcoin to its financial reserves. The post Lagarde Dismisses Bitcoin Reserves For EU as Czech Republic Explores the Idea appeared first on BeInCrypto.
Texas Lieutenant Governor Dan Patrick has listed a Bitcoin Reserve as a 2025 priority, despite previously criticizing the mining industry. The post Texas Lieutenant Governor Calls Bitcoin Reserve a “Top Priority” for 2025 appeared first on BeInCrypto.
Chinese AI startup DeepSeek sparks a crypto market sell-off, sending Bitcoin tumbling and AI tokens reeling amid growing market disruptions. The post DeepSeek Sparks Crypto Sell-Off, Nearly $1 Billion Liquidated in 24 Hours appeared first on BeInCrypto.
BlackRock IBIT in-kind proposal coincides with a $2 billion inflow streak over six days, reflecting strong market demand for the ETF. The post Nasdaq Seeks SEC Nod for BlackRock IBIT ‘In-Kind’ Bitcoin Transactions appeared first on BeInCrypto.
Intesa Sanpaolo’s €1 million Bitcoin purchase highlights Italy’s shifting financial landscape, driven by tax reforms and rising institutional interest. The post Italy’s Banking Giant Intesa Sanpaolo Buys Over $1 Million in Bitcoin appeared first on BeInCrypto.
BlackRock's iShares Bitcoin ETF launches in Canada on Cboe, offering cost-effective Bitcoin exposure with secure institutional custody. The post BlackRock Launches its New Bitcoin ETF in Canada appeared first on BeInCrypto.