Hut 8 Mining Watchlist
Hut 8 Mining: North Bay Mining Site Will Add 100MW Capacity in Ontario
210 Views, 09 May 2022 02:25
Hut 8 Mining (HUT US) is a cryptocurrency mining company headquartered in Toronto, Canada. Crypto miner has two facilities in operation: Drumheller and Medicine Hat in Alberta.
- In 2017, Hut 8 Mining established a partnership with Bitfury Group to acquire, install, maintain and operate Bitcoin mining data centers in North America.
- We like the company’s solid balance sheet with 6,769 BTC held as of Apr-22, the opportunity to add an extra 100MW capacity in North Bay and the acquisition of TeraGo.