Hut 8 Operations Update For September 2024: Reports 19.5 EH/s And 762 MW Under Management In Mining With Path To 33.5 EH/s
Portfolio Pulse from Nabaparna Bhattacharya
Hut 8 Mining Corp reported its September 2024 operations update, highlighting 19.5 EH/s and 762 MW under management in mining. The company announced a partnership with BITMAIN to host next-generation ASIC miners, with a purchase option to reach 20 EH/s of self-mining.
October 04, 2024 | 10:37 am
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Hut 8 Mining Corp's September 2024 update shows strong mining capacity with 19.5 EH/s and 762 MW under management. The partnership with BITMAIN could enhance their self-mining capabilities to 20 EH/s, indicating potential growth.
The report highlights Hut 8's current mining capacity and a strategic partnership with BITMAIN, which could increase their self-mining capabilities. This suggests potential growth and a positive impact on Hut 8's stock price.
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