Hut 8 Mining Corp. is pleased to be joining the D.A. Davidson 2021 FinTech and Payment Spotlight Conference. On December 2, 2021, Hut 8 Executives will virtually join the D.A. Davidson 2021 FinTech and Payment Spotlight Conference, with representation from companies across the FinTech landscape, to discuss the outlook for the industry. About Hut 8 [...]
Hut 8 Mining Corp. is pleased to announce its financial results for the quarter ending September 30, 2021. All dollar figures are in Canadian Dollars, unless otherwise stated. "The third quarter of 2021 proved to be another exciting and dynamic step forward for Hut 8," commented Shane Downey, Chief Financial Officer of the Company. "We are thrilled [...]
Hut 8 Mining Corp. is pleased to announce its intention to release results for the quarter ended September 30, 2021 and to host a conference call on November 11, 2021. Shareholders will hear from Hut 8 Executives, who will review the third quarter financial results and comment on the outlook for the balance of 2021. Hut 8's results for the quarter [...]
Hut 8 Mining Corp. is pleased to announce that the development of its third mining site, in conjunction with Validus Power, is underway. This site, located in North Bay, will begin with 35MW of capacity and is expected to be online by the end of 2021. The North Bay site will enable Hut 8 to generate power using a blend of by-product steam, hydrogen [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update with respect to its latest strategic purchase. Hut 8 has executed on a $58.7 million USD purchase of 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong Kong Limited, representing a cost of approximately $50/Terahash, with aggregate incremental [...]
Hut 8 Mining Corp. is pleased to be joining the 2021 Dubai Edition of Alternative Investment Management Summit . On Tuesday, October 12 from 11:55 AM - 12:55 PM GMT+4, Jaime Leverton, CEO of Hut 8, will join the AIM Summit's Crypto Mining Public Company Panel. "I feel fortunate to have the opportunity to travel to Dubai alongside my team in an [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update. Mining Production Highlights for September 2021: 264 Bitcoin were mined, resulting in an average production rate of 9.11 Bitcoin per day. 100% of the self-mined Bitcoin for the month of September were deposited into custody, consistent with Hut 8's Hodl strategy. Total Bitcoin [...]
Hut 8 Mining Corp. today announced the closing of its previously announced underwritten public offering of common shares in the USA and Canada. The Company sold 20,182,500 Common Shares including the full exercise of the underwriters' option to purchase an additional 2,632,500 Common Shares. The Common Shares were offered to the public at a price [...]
Hut 8 Mining Corp. today announced the pricing of its previously announced underwritten public offering in the USA and Canada. The Company has agreed to sell to the underwriters 17,550,000 common shares at a price of US$8.55 per share resulting in total gross proceeds to the Company of US$150,052,500. The Offering is expected to close on September [...]
Hut 8 Mining Corp. today announced the launch of a proposed underwritten public offering in the US and Canada. The Offering is expected to be priced in the context of the market, with the final terms of the Offering to be determined at the time of pricing. There can be no assurance as to whether or when the Offering may be completed, or as to the [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update. Hut 8 has achieved a strategic milestone in our relationship with MicroBT, with the execution of a Repair Services Agreement. The Agreement allows for Hut 8 to complete in-warranty work on MicroBT miners for all of North America on-site in Medicine Hat, Alberta. This [...]
Hut 8 Mining Corp. is pleased to provide the following corporate update. Mining Production Highlights for August 2021: 326 Bitcoin mined, resulting in average production of 10.5 Bitcoin per day 100% of self-mined Bitcoin were deposited into custody as of August 31, consistent with Hut 8's "hodl" strategy Total Bitcoin balance held in reserve: 4,450 [...]