Author: Admin

Hut 8 Shuts Canadian Bitcoin Mining Site to Strengthen Efficiency and Financials

Hut 8 (Nasdaq | TSX: HUT), a prominent cryptocurrency mining corporation, has shuttered its Bitcoin mining site in Alberta, Canada. Announced yesterday (Wednesday), the decision aligned with the company’s “ongoing restructuring and optimization initiatives designed to strengthen financial performance.” “Following a comprehensive analysis, we have determined that the profitability of Drumheller has been impacted significantly […]

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