Hut8
9,604 προβολές
4 Δημοσιεύσεις
Δημοφ.
Πιο πρόσφατα
- Bitcoin mining company Hut 8 has announced a leadership transition following allegations made by an activist short-selling firm.
- Former CEO Jaime Leverton is immediately succeeded by Asher Genoot, who has been serving as Hut 8’s president since November 2023.
- The transition comes roughly three weeks after J Capital Research published a report containing allegations against Hut 8's management practices and finances.
- The report raised concerns about USBTC's financial health and suggested that Hut 8 inherited debt and faced challenges. Hut 8 has contested the claims, citing inaccuracies and misrepresentations in the report.
- The leadership change is seen as an effort to set a new strategic direction for Hut 8 and unlock the combined company's potential.
#mining #Hut8
- Former CEO Jaime Leverton is immediately succeeded by Asher Genoot, who has been serving as Hut 8’s president since November 2023.
- The transition comes roughly three weeks after J Capital Research published a report containing allegations against Hut 8's management practices and finances.
- The report raised concerns about USBTC's financial health and suggested that Hut 8 inherited debt and faced challenges. Hut 8 has contested the claims, citing inaccuracies and misrepresentations in the report.
- The leadership change is seen as an effort to set a new strategic direction for Hut 8 and unlock the combined company's potential.
#mining #Hut8
Bitcoin Halving and Bull Season Preparation.
#Hut8 " data-hashtag="#Hut8" class="tag">#Hut8, one of the largest Bitcoin mining companies, purchased four natural gas power plants from Canada.
In the statement made by the company, it was stated that the offer for the North Bay mining facility, as well as the natural gas power plants in Ontario, was accepted. It was noted that the four power plants purchased had a total capacity of 310 megawatts (MW). A facility of this capacity can operate approximately 100 thousand mining devices.
While the offer amount was not disclosed, court approval is awaited for the agreement. It is thought that the acquisition will be completed by January.
#Hut8 " data-hashtag="#Hut8" class="tag">#Hut8 CEO Jaime Leverton emphasized that the acquisitions are part of the company's vision to scale its operations both quickly and cost-effectively. Leverton also added that idle infrastructure and devices can be used with new power plants. On the other hand, in addition to its mining activities, it will also help the company sell energy to the market and provide high processing power support required for artificial intelligence.
It is noteworthy that this move of #Hut8 " data-hashtag="#Hut8" class="tag">#Hut8 came while the block reward halving was approaching and the market was in an upward cycle. The development was interpreted as preparation for the company to remain in a competitive position after the halving and to maximize profitability in a possible upward scenario.
Recently, mining companies' steps to increase capacity and purchase new devices have accelerated. Recently, Riot signed a 290 million dollar agreement to purchase 66 thousand devices. Many large companies, from #CleansPark to Iris Energy, have purchased tens of thousands of new devices in recent months.
$BTC $ETH $BNB
#Hut8 " data-hashtag="#Hut8" class="tag">#Hut8, one of the largest Bitcoin mining companies, purchased four natural gas power plants from Canada.
In the statement made by the company, it was stated that the offer for the North Bay mining facility, as well as the natural gas power plants in Ontario, was accepted. It was noted that the four power plants purchased had a total capacity of 310 megawatts (MW). A facility of this capacity can operate approximately 100 thousand mining devices.
While the offer amount was not disclosed, court approval is awaited for the agreement. It is thought that the acquisition will be completed by January.
#Hut8 " data-hashtag="#Hut8" class="tag">#Hut8 CEO Jaime Leverton emphasized that the acquisitions are part of the company's vision to scale its operations both quickly and cost-effectively. Leverton also added that idle infrastructure and devices can be used with new power plants. On the other hand, in addition to its mining activities, it will also help the company sell energy to the market and provide high processing power support required for artificial intelligence.
It is noteworthy that this move of #Hut8 " data-hashtag="#Hut8" class="tag">#Hut8 came while the block reward halving was approaching and the market was in an upward cycle. The development was interpreted as preparation for the company to remain in a competitive position after the halving and to maximize profitability in a possible upward scenario.
Recently, mining companies' steps to increase capacity and purchase new devices have accelerated. Recently, Riot signed a 290 million dollar agreement to purchase 66 thousand devices. Many large companies, from #CleansPark to Iris Energy, have purchased tens of thousands of new devices in recent months.
$BTC $ETH $BNB
Big moves in Bitcoin mining! Bitmain has teamed up with Hut 8 to launch their latest powerhouse: the Antminer U3S21EXPH.
This beast packs 860TH/s of liquid-cooled performance and is set to push Hut 8’s hashrate to an impressive 33.5 EH/s by 2025.
Expect big shifts in the BTC mining landscape. Stay tuned for the future of decentralized power #BTC #CryptoMining #Antminer
#Hut8
This beast packs 860TH/s of liquid-cooled performance and is set to push Hut 8’s hashrate to an impressive 33.5 EH/s by 2025.
Expect big shifts in the BTC mining landscape. Stay tuned for the future of decentralized power #BTC #CryptoMining #Antminer
#Hut8
