Hut 8 has taken a significant step in the Bitcoin mining space by agreeing to purchase 31,145 Bitmain Antminer S21+ machines. This deal will increase its mining hashrate by 66% from 5.6 EH/s to 9.3 EH/s in the first quarter of 2025.

Hut 8 will pay $15 per terahash, and these machines aim to optimize their return on investment by offering faster payback times. In addition, this move will increase the average efficiency of the fleet by 37% from 31.7 J/TH to 19.9 J/TH.

What do you think about these developments? We are waiting for your comments.