Hut 8 Mining Corp.

Recent News

  • Hut 8 to Present at the Virtual Gravitas Technology and Diversified Investor Day

    Toronto, Ontario--(Newsfile Corp. - October 13, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, is pleased to announce it will be participating in the Gravitas Technology and Diversified Investor Day taking place Thursday, October 15, 2020 virtually.Hut 8's Interim Chief Executive Officer, Jimmy Vaiopoulos, is scheduled to present on Thursday, October 15, 2020 at 11:15 AM EST. Mr. Vaiopoulos...

    2020-10-13 4:00 PM ET
  • Hut 8 Announces It Is the First TSX Listed Issuer to Complete the TSX Sandbox Program

    Toronto, Ontario--(Newsfile Corp. - October 9, 2020) -  Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that it is the first TSX listed issuer to complete the TSX Sandbox program. This comes at the one year anniversary when Hut 8 was also the first issuer to be listed to the TSX via the TSX Sandbox. Although Hut 8 has...

    2020-10-09 4:00 PM ET
  • Hut 8 Announces Installation of New Equipment

    Toronto, Ontario--(Newsfile Corp. - September 18, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that they've received the planned 1,000 M31S and 1,000 M31S+ machines on-site at its Medicine Hat facility, most of which are already operating. This equipment will collectively have an output of 154 PH/s using approximately 6.7MW of power. The remainder of...

    2020-09-18 7:45 AM ET
  • Hut 8 Announces the Final Transfer of Site Management and Operations at Drumheller

    Toronto, Ontario--(Newsfile Corp. - September 2, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that the site management of the Drumheller facility operations has been transferred from the Bitfury Group ("Bitfury") to Hut 8 effective August 28, 2020 saving Hut 8 over $1 million per year. This is in addition to the transfer of the site management of...

    2020-09-02 8:09 AM ET
  • Hut 8 Reports Second Quarter 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - August 13, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announces its financial results for the second quarter ending June 30, 2020 ("Q2-2020"). Hut 8 reports all amounts in Canadian Dollars unless otherwise stated.Q2-2020 HighlightsQuarterly revenue of $9.2 million from mining 795 bitcoinMining profit margin of 6% Revaluation gain of bitcoin holdings of...

    2020-08-13 7:45 AM ET
  • Hut 8 Announces Operational Updates

    Toronto, Ontario--(Newsfile Corp. - August 12, 2020) - Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announces various operational updates including receipt of 2,000 bitcoin miners from MicroBT, the beginning of a hosting arrangement, and the transfer of Bitfury Clark chips from Drumheller to Medicine Hat. Mining equipment orderHut 8 is now in possession of 1,000 units of M31S...

    2020-08-12 5:30 PM ET
  • Hut 8 Mining Corp. Announces Release Date for Second Quarter 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - August 6, 2020) -  Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, today announced that it will release its second quarter 2020 financial results pre-market open on Thursday August 13, 2020.A conference call has been scheduled to discuss the Company's year-end financial results, hosted by Interim CEO Jimmy Vaiopoulos, starting at 10:00 a.m. ET Thursday August 13,...

    2020-08-06 5:30 PM ET
  • Hut 8 Announces the Transfer of Site Management and Operations

    Toronto, Ontario--(Newsfile Corp. - August 4, 2020) -  Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announces that the management of the Medicine Hat facility operations have been transferred from the Bitfury Group ("Bitfury") to Hut 8 effective August 1, 2020. Previously, Hut 8 outsourced the operations and maintenance at the Medicine Hat facility to Bitfury with significant oversight from...

    2020-08-04 7:45 AM ET