Tag: Hut 8

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Hut 8 Acquires 990 Bitcoin for $100 Million, Reaches $1 Billion in Holdings

Hut 8 acquires 990 Bitcoin for $100 million. Now, it has reached $1 billion in holdings. The strategic reserve supports capital growth plans. Hut 8,...

Hut 8 Is the Latest Mining Company to Suffer from the Coronavirus

The coronavirus has had terrible effects on the cryptocurrency arena, but nothing has suffered the way crypto mining companies have suffered. The latest venture...

Hut 8 Finds New Ways of Offering Crypto to Customers

Hut 8 is a company that claims to be a new kind of mining firm. As bitcoin’s price crashes this week, some have taken...

Canadian City on the Verge of Cutting Off Power to Bitcoin Mining Farm

Concerns over the growing consumption of electricity from a Bitcoin mining farm might cause the city to cut off power supply to the venue,...