Hut 8 Releases Bitcoin Mining Update: What To Know
Posted On October 4, 2024
Hut 8 Corp. (NASDAQ:HUT) shares are trading higher Friday after the company released its September operational update. Here’s a look at the details from the report.
The Details:
Hut 8 produced 85 Bitcoin (CRYPTO: BTC) in September, down from 87 Bitcoin in August, and increased its hashrate from 18.5 EH/s to 19.5 EH/s. The company also brought 1,000 NVIDIA H100 GPUs online and began generating revenue for its GPU-as-a-service subsidiary Highrise AI, Inc.
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