Hut 8 Enters Hosting Agreement For Approximately 6,400 ASIC Miners
Portfolio Pulse from Benzinga Newsdesk
Hut 8 has entered a hosting agreement for approximately 6,400 ASIC miners with a 3-month initial term, renewable for successive one-month periods. The machines are being shipped immediately and are expected to be energized in late July.
June 22, 2023 | 10:33 am
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Hut 8's hosting agreement for 6,400 ASIC miners could potentially increase its mining capacity and revenues.
The hosting agreement for 6,400 ASIC miners will likely increase Hut 8's mining capacity, leading to potential growth in revenues. The machines are expected to be energized in late July, which could have a positive short-term impact on the company's stock price.
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