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Hut 8 Mining Announces Purchase of 12,000 New MicroBT Miners for Delivery Starting January 2022

Hut 8 Mining Announces Purchase of 12,000 New MicroBT Miners for Delivery Starting January 2022



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6 Comments

  1. I’m excited to see how much faster the bitcoin network becomes with the addition of all of this new capacity.

    I wonder what it’s like seeing stories like this if you’re a miner. Anyone else adding capacity automatically means you’ll make less money. There are only so many coins minted in a day. Whether it’s two guys in a basement or ten million ASIC miners.

  2. tldr; Hut 8 Mining Corp. (Nasdaq: HUT) has executed on a $58.7 million USD purchase of 12,000 new MicroBT miners from Inchigle Technology Hong Kong Limited, representing a cost of approximately $50/Terahash, with aggregate incremental production of 1.17 EH/s. The miners are expected to be delivered starting in January 2022, at a delivery rate of approximately 1,000 machines per month.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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