Hut 8 Operations Update for July 2024

18.0 EH/s and 762 MW under management in mining Announced plans for a 205 MW site in Texas MIAMI, Aug. 05, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of lar

By: financialpost.com

Aug 06 2024
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“We are continuing to see the impact of our ongoing optimization efforts in our self-mining business,” said Asher Genoot, CEO of Hut 8. “Our average energy cost has declined materially since bringing Salt Creek online and completing the planned deployment of our curtailment software, and we continue to build and refine our data science platform to drive further efficiencies and margin expansion.” Read More