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Hut 8

Hut 8 shuts down Alberta site amid surging power costs
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12 March, 2024

Hut 8 shuts down Alberta site amid surging power costs

Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...
Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d
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2 February, 2024

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest...
Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims
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25 January, 2024

Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims

A report from a short-selling firm claims Hut 8 is setting its investors up for a pump-and-dump event, which the...
Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan
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22 December, 2023

Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan

The new site in Cedarvale, Texas, will host 66,000 mining rigs, with construction set to start in a few weeks;...
Canadian court approves BTC miner Hut 8’s merger with USBTC
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20 September, 2023

Canadian court approves BTC miner Hut 8’s merger with USBTC

97% of Hut 8 shareholders voted to merge with USBTC, and the only holdup now is the registration of the...
Canadian block reward miner Hut 8 reports 8% Q2 loss
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20 August, 2023

Canadian block reward miner Hut 8 reports 8% Q2 loss

Like its peers in the BTC mining industry, Hut 8 had a poor quarter, with the shutdown of one of...
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