News with the tag "Hut8"

Heritage Distillers has announced that it will begin to accept Bitcoin for payments and treasury use. Washington-based Heritage Distillers made the announcement on January 10, announcing it as part of its treasury policy. The company also mentioned that it will use its e-commerce website to offset a...

The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday.

As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows that bitcoin miners are conserving their reserves as the eve...

The CEO of Hut 8 Mining, Asher Genoot, stressed in an interview with Bloomberg the huge change that the mining industry was expected to undergo as a result of the upcoming Bitcoin halving. The event is planned for about the 18th of April and will halve miner block rewards from 6.25 BTC to 3.125 BTC....

Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop artificial int...

Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.

Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.

Bitcoin mining firm Hut8 continues to relocate miners from idle North Bay site as demand for AI and high power computing drives new demand.