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Seeking Alpha 2024-10-04 11:03:25

Hut 8 produces 85 bitcoins in September

Hut 8 ( NASDAQ: HUT ) produced 85 bitcoins through self-mining operations in the month of September, compared to 87 in the previous month, bringing total bitcoin as of month end to 9,106. Average hashrate under management was 19.5 EH/s vs. 18.5 EH/s in August, while total energy capacity under management stood at 762MW. The company had 189.9K in total deployed miners under management as of Sep-end. More on Hut 8 Mining Hut 8: Massively Undervalued AI Play Q2 Earnings: Hut 8 Needs AI To Work Hut 8 Corp. (HUT) Q2 2024 Earnings Call Transcript Hut 8’s August bitcoin production slips sequentially Bitcoin mining is a ‘survival game’ at this point; halving didn’t do any favors

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