Hut 8 Mining Corp.

Hut 8 Corp has signed an interim agreement to build out and install mining operations in connection with the Celsius Network LLC bankruptcy proceedings at a site in Cedarvale, Texas. Once complete, the site will house approximately 66,000 miners and be powered by more than 215 MW of energy. "We believe that the strength of Hut 8's managed services [...]

Hut 8 Mining partnered with Sparta Group's carbon credit program established by their e-waste division, ERS International, with a goal of achieving carbon neutrality by 2025. In 2023, Hut 8 has submitted approximately 369 metric tonnes of electronic waste to the program, earning 7,500 metric tonnes carbon dioxide equivalent of serialized carbon [...]

Hut 8 Mining announced its financial results for the quarter ended September 30, 2023. "Our team continued to be laser-focused on closing our merger with USBTC in the third quarter, and made material progress in achieving key milestones, including securing shareholder approval of the merger and obtaining the final order approving the plan of [...]

Hut 8 Announces Effectiveness of Registration Statement on Form S-4 in Connection with Merger with US Bitcoin Corp TORONTO, November 9, 2023 - Hut 8 Mining Corp. , one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has provided an update on the proposed business [...]

Hut 8 Mining continues to make progress on the proposed business combination pursuant to which Hut 8 and U.S. Data Mining Group, dba US Bitcoin Corp will combine in an all-stock merger of equals. The combined company will be named "Hut 8 Corp." and will be a U.S.-domiciled entity. The Transaction is expected to establish New Hut as a large scale [...]

Hut 8 Mining continues to make progress on the proposed business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp will combine in an all-stock merger of equals. The combined company will be named "Hut 8 Corp." and will be a U.S.-domiciled entity. The Transaction is expected to establish New Hut as a large [...]

Hut 8 Mining mined 112 Bitcoin in October 2023. Production highlights for October 2023: 112 Bitcoin were generated, resulting in an average production rate of approximately 3.6 Bitcoin per day 365 Bitcoin - 66 Bitcoin produced in July, all of August's and September's production, and 85 Bitcoin produced in October - were sold during the month for [...]

Hut 8 Mining announced that the Ontario Superior Court of Justice has approved a stalking horse bid as part of the previously announced support agreement with Macquarie Equipment Finance, a subsidiary of Macquarie Group Limited, a global financial services group. In connection with the Stalking Horse Bid, the Court has also approved the [...]

Hut 8 Mining will be releasing results for the quarter ended September 30, 2023 via a conference call on November 14, 2023. Who: Analysts, media, and investors are invited to attend. What: Hut 8 executives will review the company's third quarter financial results and comment on recent corporate developments. When: Results will be shared via media [...]

Hut 8 Mining mined 111 Bitcoin in September 2023. Production highlights for September 2023: 111 Bitcoin were generated, resulting in an average production rate of approximately 3.7 Bitcoin per day No Bitcoin were sold during the month Total balance of Bitcoin in reserve was 9,366 on Sept 30 - 7,269 of which were unencumbered Installed ASIC hashrate [...]