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Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

4:21pm, 28th August, 2023

Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving.

TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger

9:22am, 14th August, 2023

TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger

U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2.

Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

6:22am, 21st February, 2023

Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

Jaime Leverton has led digital asset mining player Hut 8 over the past two years, wading through the waters of the bull market of 2021 and the bear market of 2022.

Crypto mining firms Hut 8 and US Bitcoin plan merger

11:16am, 7th February, 2023

Crypto mining firms Hut 8 and US Bitcoin plan merger

The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities.

Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

12:19am, 27th January, 2023

Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

3:02pm, 6th August, 2022

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market.

Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%

11:05am, 17th March, 2022

Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%

The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter.

Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves

4:59pm, 11th November, 2021

Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves

According to the firm, it mines close to 20 BTC per day.