Keep an eye on Bitcoin mining stocks, especially with the halving on April 20. Granted, the halving event will halve the Bitcoin (BTC-USD) miners can earn from validating transactions. However, as we’ve seen before and after the halving events in 2012, 2016 and 2020, not only did the price of Bitcoin take off, but in most cases, so did the miners.  Even better, CEOs are upbeat ahead of the 2024 halving, according to Bernstein analysts. The “CEOs point to miner dollar revenues at all-time highs, providing a ...

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 C ...

25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site 9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approaches MIAMI, April 05, 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 released its operations update for March 2024. "March was ...

Right? And we announced that with Celsius last year. And we basically take that exposure of hash price volatility without spending the CapEx to actually buy the machines upfront. And at different markets, you have better deals that you can strike. And then we had this kind of middle ground scenario, which we implemented when we were managing the sites on behalf of generate, which was instead of seven cent hosting, we can give customers a discount to a floor, call it $0.6.5 or $0 6.4 cents. But in return, we ...

While the sale and investment solicitation process is underway, if our bid is ultimately declared successful, a new subsidiary of the company will become the owner of the assets of the four sites. Our partner, Macquarie, will receive a minority equity interest in the subsidiary of approximately 20% and a subsidiary of Hut 8 will be the majority owner with the remaining approximately 80%. We believe that the strategic addition of these assets would position Hut 8 as a vertically integrated mining operation, ...

Company Participants Conference Call Participants Good morning, ladies and gentlemen. Welcome to Hut 8Â's Second Quarter 2023 Financial Results Analyst and Investor Call. In addition to the media release issued earlier today, you can find Hut 8Â's financial statements and MD&A on the CompanyÂ's website at www.hut8.io under the CompanyÂ's SEDAR profile at www.sedar.com, and under the CompanyÂ's EDGAR profile at www.sec.gov. During the call, management may also make reference to certain non-IFRS measures that ...

Jaime Leverton Yes. I mean, I wish I had a crystal ball. I think weÂ've all been surprised by the continued growth of the hash rate and difficulty levels, despite relatively a sideways trading of the Bitcoin price in general. Obviously a nice development that weÂ've seen natural gas prices come down and as Shenif mentioned, hopeful that that will continue. But itÂ's really, really difficult for us to make a prediction on ultimately where hash rate and difficulty are going to go as well as Bitcoin price. So ...

Hut 8 Mining Corp. (NASDAQ:HUT) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Jaime Leverton – Chief Executive Officer Shane Downey – Chief Financial Officer Conference Call Participants Joseph Vafi – Canaccord Genuity Gus Gala – Truist Bill Papanastasiou – Stifel Chris Brendler – D.A. Davidson Kevin Dede – HCW Operator Welcome to the Hut 8Â's Third Quarter Analysts and Investor Call. In addition to the press release issued earlier today, you can find Hut 8Â's financial ...

Hut 8 Mining Corp. (NASDAQ:HUT) Q2 2022 Earnings Conference Call August 11, 2022 10:00 AM ET Company Participants Jaime Leverton - Chief Executive Officer Shane Downey - Chief Financial Officer Conference Call Participants Chris Brendler - D.A. Davidson Joseph Vafi - Canaccord George Sutton - Craig-Hallum Kevin Dede - HCW Bill Papanastasiou - Stifel Operator Welcome to Hut 8 Second Quarter Analyst and Investor Call. In addition to the press release issued earlier today, you can find Hut 8Â's financial state ...

HUT 8 Company Overview May 2022 Disclaimer This presentation is intended to provide an overview of the business of Hut 8 Mining Corp. ("Hut 8" or the "Company"). This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities of the Company or any of its subsidiaries in any jurisdiction or an inducement to enter into investment activity. No part of this presentation, nor the fact of its distrib ...