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​Hut 8 Mining Holds About 3,806 BTC, Which Will Increase To 5,000 By The End Of 2021

Mary Liu

Summary: Hut 8 Mining, a Canadian cryptocurrency mining company, announced on Monday that as of June 27, 2021, there are approximately 3,806 self-mining BTC held on its balance sheet, an increase of 535 in less than three months. It will increase the BTC holding to about 5,000 by the end of the year.  The company also ...

Hut 8 Mining, a Canadian cryptocurrency mining company, announced on Monday that as of June 27, 2021, there are approximately 3,806 self-mining BTC held on its balance sheet, an increase of 535 in less than three months. It will increase the BTC holding to about 5,000 by the end of the year. 

The company also expects that by the end of 2021, the currently installed 1.2 Exahash (EH) hash rate will be expanded to approximately 2.5-3.0 EH, and to approximately 6 EH by the middle of 2022.

By Mary Liu

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