63MW energized in new proprietary Texas site for relocated miners from Kearney and Granbury
The pain for both public and private miner operators is kicking in
Contextualizing this year’s most important bitcoin event
Top three hodlers account for 74% of industry reserves
Company may buy some of the hosted hashrate for self-mining
It's not the first time mining stocks have lagged behind bitcoin’s return to ATH
Retiring about 800 PH/s of hashrate
Hut 8 is set to make use of the 9,000 bitcoin on its balance sheet to fund its near-term growth
CleanSpark, Iris Energy, HIVE raised $210M+ since New Year
40k BTC for the first time since May 2022
Cost of debt includes quarterly interest payments and a one-time repayment fee
Hut 8's original service contract was for another four years with a monthly fee of $1.2 million