Hut 8
Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.
U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter results from miners were a mixed bag.
Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds
Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.
Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022
Bitcoin miners are posting the largest percentage stock gains on Monday.
U.S. Bitcoin Corp. Settles With Niagara Falls City to Resume Bitcoin Mining
The firm is currently trying to complete a merger with Canadian Hut 8 Mining.
