Hut 8 Reveals Operations Update For August 2024: Says 18.5 EH/s And 762 MW Is Under Management In Mining; Reveals Advanced Commercialization Efforts For 205MW Site In The Texas Panhandle
Portfolio Pulse from Nabaparna Bhattacharya
Hut 8 Mining Corp. has released its operations update for August 2024, highlighting that it manages 18.5 EH/s and 762 MW in mining. The company is also advancing commercialization efforts for a 205MW site in the Texas Panhandle.
September 06, 2024 | 10:40 am
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Hut 8 Mining Corp. has announced significant operational metrics for August 2024, managing 18.5 EH/s and 762 MW. The company is also progressing with commercialization of a 205MW site in Texas, indicating potential growth in mining capacity.
The update shows Hut 8's strong operational capacity and expansion efforts, which are positive indicators for future growth. The commercialization of a new site suggests increased mining capacity, likely boosting revenue potential.
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