Hut 8 optimizes self-mining operations as miners come online at Salt Creek
Hut 8 Mining Corp. - Common Shares (HUT)
Company Research
Source: GlobeNewswire
Greenfield site energized in 78 days, less than three months after breaking ground Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profile MIAMI, April 16, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the energization of one third of its 63 MW site in Culberson County, Texas (“Salt Creek”). Hut 8 is phasing energization to maximize deployed hashrate pre-halving and will continue to energize the site in the coming weeks. “With Salt Creek, we gain critical control over our miner fleet and operating costs as we head into the halving,” said Asher Genoot, CEO of Hut 8. “Our outlook on energy prices at the site suggests that the potential for cost savings relative to our cost of mining at Kearney and Granbury is in line with the 30% reducti
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HUT
News
- Media Advisory: Hut 8 to Release Q1 2024 Results May 15GlobeNewswire
- Hut 8 Corp. (NASDAQ: HUT) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $12.00 price target on the stock.MarketBeat
- Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)Business Wire
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Lawsuit - HUTAccesswire
- HUT DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – HUTGlobeNewswire
HUT
Earnings
- 11/14/23 - Miss
HUT
Sec Filings
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- HUT's page on the SEC website