Hut 8 Mining Corp. (HUT) News

Hut 8 Mining Corp. (HUT): $1.14

-0.11 (-8.80%)

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HUT News Highlights

  • HUT's 30 day story count now stands at 24.
  • Over the past 21 days, the trend for HUT's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
  • The most mentioned tickers in articles about HUT are HIVE, LI and EH.

Latest HUT News From Around the Web

Below are the latest news stories about HUT 8 MINING CORP that investors may wish to consider to help them evaluate HUT as an investment opportunity.

Top 5 Bitcoin Mining Companies in the World

In this piece, we will take a look at the top five Bitcoin mining companies in the world. For more companies, head on over to Top 15 Bitcoin Mining Companies in the World. 5. Hut 8 Mining Corp. (NASDAQ:HUT) Market Capitalization as of November 30, 2022: $219.61 million Hut 8 Mining Corp. (NASDAQ:HUT) is a […]

Insider Monkey | November 30, 2022

One of the World''s Oldest and Largest Digital Currency Miners, Hut 8 Mining, Takes Advantage of Sparta Group''s Carbon Credit Program To Offset Emissions

TORONTO, ON / ACCESSWIRE / November 30, 2022 / Sparta Group (TSXV:SAY) (the "Corporation", the "Company", "Sparta Group", "Sparta Capital", "SAY.V" or "Sparta") is thrilled to announce that just we…

Finanz Nachrichten | November 30, 2022

Hut 8 Stops Mining Of Bitcoin Due To Energy Conflict – Bitcoin (BTC/USD), Hut 8 Mining (NASDAQ:HUT)

Bitcoin BTC/USD miner Hut 8 Mining Corp HUT is looking for third-party energy supplier mediation after disagreements over a joint power purchase agreement caused portions of its operations to shut down. The Canadian company was forced to halt mining bitcoin at its facility in North Bay, Ontario, after the energy supplier Validus stopped supplying the […] The post Hut 8 Stops Mining Of Bitcoin Due To Energy Conflict – Bitcoin (BTC/USD), Hut 8 Mining (NASDAQ:HUT) appeared first on TECHTELEGRAPH .

Techtelegraph | November 29, 2022

Hut 8 Stops Mining Of Bitcoin Due To Energy Conflict

Bitcoin (CRYPTO: BTC ) miner Hut 8 Mining Corp (NASDAQ: HUT ) is looking for third-party energy supplier mediation after disagreements over a joint power purchase agreement caused portions of its operations to shut down. The Canadian company was forced to halt mining bitcoin at its facility in North Bay, Ontario, after the energy supplier Validus stopped supplying the location with energy. The mining company runs two other mining locations in Southern Alberta. The service provider alleged Hut 8 missed payments on time. Hut 8 issued a statement on Monday refuting those claims. Hut 8 claimed earlier this month it had served Validus with a notice alleging the energy provider was on the verge of defaulting on its obligations under the terms of the two companies'' power purchase agreement. H...

Benzinga | November 29, 2022

Hut 8 Mining requests starting mediation proceedings to settle energy dispute

Hut 8 Mining (HUT) has requested mediation proceedings in an effort to settle its dispute with the energy supplier for its mining facility in North Bay, Ontario, the Canadian…

Seeking Alpha | November 28, 2022

Hut 8 provides update on North Bay Facility

This news release constitutes a "designated news release" for purposes of the Company''s prospectus supplement dated August 17, 2022 to its short form base shelf prospectus dated August 5, 2022. TORONTO, Nov. 28, 2022 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") announces that it has

Wallstreet:Online | November 28, 2022

Hut 8 Mining Corp. (HUT) Stock Behavior Isn’t As Predictable As You Think

Hut 8 Mining Corp. (NASDAQ:HUT) at last check was buoying at $1.19 on Friday, November 25, with a fall of -2.46% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $1.22 and 5Y monthly beta was reading 3.03 with its price kept … Hut 8 Mining Corp. (HUT) Stock Behavior Isn’t As Predictable As You Think Read More »

Stocks Register | November 25, 2022

Iris Energy Switches Off Its Mining Hardware, Feels the Crypto Winter

Iris Energy, an Australian-based cryptocurrency firm publicly listed on Wall Street ( NASDAQ:IREN ), has switched off a part of its mining hardware used as collateral in a $107.8 million loan. According to the newest regulatory filing at the US Securities and Exchange Commission (SEC ) from 21 November 2022, the company''s electricity costs increased by 312% over one year. The secured miners owned by Non-Recourse SPV 2 and Non-Recourse SPV 3 produced insufficient cash flow. Their operations generated around $2 million in crypto profit monthly, which is significantly below the debt obligation of $7 million. Iris Energy was forced to reduce its hash power to 3.6 exahashes per second (EH/s). However, the company intends to increase its mining potential. It wants to benefit from $75 million...

Finance Magnates | November 23, 2022

HIVE Revenues Down 45% in Q3 Despite Higher BTC Production

HIVE Blockchain Technologies Ltd. ( NASDAQ:HIVE ), a cryptocurrency mining company focused on green energy, announced on Wednesday its financials for the third quarter of 2022. Similar to other publicly listed miners, HIVE reported a visible slump in revenue compared to the previous year due to the drop in Bitcoin (BTC) and Ethereum (ETH) prices. According to the press release, HIVE was able to mine 858 BTC and 7309 ETH using clean energy during the previous quarter, achieving revenue of $29.6 million, which translates to a 45% decline compared to $42.9 million reported in the same period year earlier. HIVE’s Bitcoin production rose by 4.5% quarter-over-quarter (QoQ) and 31% year-over-year (YoY), mainly due to the purchase of 17,300 new ASIC miners expanding the company’s New Brunswick ...

Finance Magnates | November 16, 2022

Can Hut 8 Mining (NASDAQ:HUT) Stock Survive the Current Crypto Collapse?

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Sheryl Sheth on TipRanks | November 14, 2022


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