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Category Hut 8

Bitcoin network hashrate fell for second consecutive month in December: JPMorgan

Bitcoin network hashrate fell for second consecutive month in December: JPMorgan

Mining profitability also declined last month, with daily block reward revenue down 7%, and 32% year-on-year.
Hut 8 Expands Coinbase Credit Line to $200M as AI Push Accelerates

Hut 8 Expands Coinbase Credit Line to $200M as AI Push Accelerates

Bitcoin mining firm Hut 8 expanded its Coinbase credit line to $200 million to support its AI and HPC push. The post Hut 8 Expands Coinbase Credit ...
Bitcoin mining in 2025: IREN claims the crown as Bitdeer's stock trails the pack

Bitcoin mining in 2025: IREN claims the crown as Bitdeer's stock trails the pack

Diversification into AI and HPC infrastructure drove sharp outperformance for miners, while pure-play bitcoin miners lagged.
Hut 8’s AI data center deal is bigger than meets the eye: Benchmark lifts price target to $85

Hut 8’s AI data center deal is bigger than meets the eye: Benchmark lifts price target to $85

Shares of the bitcoin miner jumped higher last week on its $7 billion pact with Google-backed Fluidstack.
Hut 8 price targets boosted at Cantor and Canaccord after Google-backed AI deal

Hut 8 price targets boosted at Cantor and Canaccord after Google-backed AI deal

Cantor Fitzgerald Analyst Brett Knoblauch expects the bitcoin miner turned AI infrastructure provider to generate $6.9 billion in income from the 1...