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04-29-2025

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Hut 8

BTC miner Hut 8 pivots to AI as BTC profits dry up
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4 October, 2024

BTC miner Hut 8 pivots to AI as BTC profits dry up

Hut 8 now allows AI clients to use a cluster of 1,000 Nvidia GPUs powering HP supercomputers after a $72...
Hut 8 partners with Bitmain to launch new BTC ASIC miner
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25 September, 2024

Hut 8 partners with Bitmain to launch new BTC ASIC miner

The U3S21EXPH miner will be the first to feature direct liquid-to-chip (DLC) cooling; Hut 8 is one of many BTC...
BTC block reward miners drowning in red ink as chasing the green gets harder
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14 August, 2024

BTC block reward miners drowning in red ink as chasing the green gets harder

The economic outlook for block reward mining in the U.S. is getting grimmer each day, with numerous miners registering plummeting...
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...
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