According to ChainCatcher, Bitcoin mining company Hut 8 released its December 2024 operational update, producing 89 BTC in November, a decrease from 94 BTC in November. In addition, the company currently holds 10,171 BTC.
Other business progress includes: the construction of the Vega power plant is progressing smoothly and is expected to be operational in the second quarter of 2025; the infrastructure of the existing mine is upgraded to prepare for the delivery of the new mine.
Completed operational transition of Ionic Digital’s Texas facility; continued advancement of AI data center development opportunities throughout development pipeline.
