Hut 8 Bitcoin mining company recently released its operational update for December 2024, revealing many interesting details. First, the company produced 89 bitcoins in November, slightly down from 94 in November, but currently holds 10,171 BTC, which is a considerable reserve. 📊
In other business aspects, Hut 8's Vega power plant construction is progressing smoothly and is expected to go live in the second quarter of 2025. Additionally, the company is upgrading the infrastructure of its existing mining sites in preparation for the delivery of new mines. 🔧
It is worth mentioning that they have successfully completed the operational transition of the Ionic Digital factory in Texas and are continuously exploring opportunities for AI data centers throughout the development process. 🤖
Overall, Hut 8 is steadily developing in multiple areas, and its future performance is worth关注.