Canadian crypto miner Hut 8 buys 9 data centers from Bitfury
Canada-based Hut 8 Mining Corp announced the addition of nine Blockbox AC data centers to its mining farm in Drumheller, Alberta, making the facility fully operational.
Latest Hut 8 News
Crypto mining firm Hut 8 hits Toronto Stock Exchange
Hut 8 Mining Corp. is the first company to be listed via the Toronto Stock Exchange Sandbox, where it will be given a 12-month probation period to demonstrate compliance.
Canada-listed Hut 8 crypto mining firm suffers $136M in losses
Hut 8 has been forced to rethink its priorities as a result of the losses, with swinging cutbacks needed to manage cash flow throughout the reporting period.
Canadian mining firm Hut 8 announces second round of layoffs in 2019
The bounce in the market didn’t help, and electricity prices kept going up, so Hut 8 had to make deep cuts to its staffing levels, or as they like to call it, streamlining.
Bitfury-backed crypto miner Hut 8 boosts operating capacity to 66.7MW
Hut 8, a cryptocurrency mining company, just cut the ribbon on its second facility in Canada, making the company now the second largest mining outfit in the world by capacity.