Public Miner Hut 8 Now Holds Over 4,000 Bitcoin Worth $150 Million

Public Miner Hut 8 Now Holds Over 4,000 Bitcoin Worth $150 Million
фото показано с : bitcoinmagazine.com

2021-8-5 15:01

Publicly traded Hut 8 has seen its Bitcoin mining production increase by 50 percent in the wake of China's crackdown on its domestic industry.

Hut 8 Mining, one of North America’s largest Bitcoin mining operations, revealed Wednesday it produced 300 bitcoin, or an average of 9.7 BTC per day, this July. 

All told, the figures were up 50 percent from previous months, an increase Hut 8 said was the result of the "ongoing prohibition on cryptocurrency mining in China."

The first publicly traded miner on the Toronto Stock Exchange and the first Canadian miner to be listed on The Nasdaq Global Select Market, the company's monthly filings offer a window into how North American operations are benefitting from the reduction in market competition.

During the month of July, for example, Hut 8 received and installed 920 new mining rigs, adding 73 peta hashes per second its production rate. This pushed the firm's total computational power to nearly 2.5 exahashes per second.

Notably, all of the bitcoin the company mined last month were put into cold storage, signaling Hut 8 believes its holdings will appreciate long term.

As of July 31, Hut 8 now holds 4,123 bitcoin worth over $150 million in reserve.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69393.54 (+0.96%)
Объем 24H $40.987b
Изменеия 24h: 1.19 %, 7d: -3.05 %
Cегодня L: $66916.68 - H: $69393.54
Капитализация $1372.47b Rank 1
Цена в час новости $ 39799.3 (74.36%)

bitcoin hut percent increase wake domestic industry

Источник: bitcoinmagazine.com

bitcoin hut → Результатов: 63


Bitcoin Mining Company Hut 8 Acquires 9 Datacenters From Bitfury For $7 Million

Hut 8 Mining Corp a Canadian crypto mining company has completed the set up of its mining farm at Drumheller after purchasing 9 data centers from Bitfury for $7 million. Andrew Kiguel, Chief Executive Officer of Hut 8 believed the purchase would allow the Drumhekker facility to be fully functional and provide the full ownership […]

2019-11-30 21:53


Фото:

Hut8 подтвердила, что майнинговая индустрия приносит прибыль инвесторам

Канадская майнинговая корпорация представила свой финансовый отчет за II квартал. Майнинговая компания Hut8 опубликовала результаты своей деятельности за апрель-июнь текущего года. Hut 8 officially releases its Q2 Financial Results.

2019-8-28 15:27


Компании Hut 8 удалось получить прибыль в 2018 году, несмотря на медвежий рынок

Ведущая криптомайнинговая компания Hut 8 недавно предоставила свою финансовую отчетность за 2018 год. Ее генеральный директор, Эндрю Кигель, дал интервью журналу Bitcoin Magazine, пояснив, как проекту удалось оставаться прибыльным.

2019-5-10 11:47


Фото:

Bitcoin Mining Firm Hut 8 Lays Off More Employees

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


Майнинговая компания Hut 8 получила рекордную прибыль в третьем квартале

Канадская майнинговая компания Hut 8, занимающаяся добычей Bitcoin, сообщила о рекордных доходах в размере 17,7 млн канадских долларов ($13,4 млн) за третий квартал, согласно квартальному финансовому отчету, опубликованному 8 ноября.

2018-11-10 17:47


Фото:

Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada

In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […] The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News.

2018-7-27 03:15


Фото:

Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices

On July 16th, Hut 8, one of Canada‘s foremost Bitcoin mining firms, announced that the construction of its newest mining facility was complete. The press release issued by the company states that its new Bitcoin mining facility, located in the small Canadian city of Medicine Hat, has been recently completed, including the recent electrification of […] The post Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices appeared first on Ethereum World News.

2018-7-20 00:12


дальше еще 14 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

UBS launches tokenized treasury fund on Ethereum

UBS deepens its crypto strategy with a new tokenized fund, following digital bond transactions and structured note issuances. The post UBS launches tokenized treasury fund on Ethereum appeared first on Crypto Briefing.