According to Foresight News, Hut 8, a publicly traded Bitcoin mining company, released an operational update for April 2024. Against the backdrop of Bitcoin halving, the Hut 8 team completed the move from a hosting facility to its own facility, bringing the current self-mining hashrate to 5.5 exahash per second. After deducting Hut 8's 50% stake in King Mountain JV, the net Bitcoin production in April was 115 BTC, compared to 192 BTC in March.