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     281  0 Kommentare Hut 8 Operations Update for March 2024

    25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site; 9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approaches

    Miami, April 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners today released its operations update for March 2024.

    “March was another productive month in our post-merger restructuring program,” said Asher Genoot, CEO of Hut 8. “We continue to make the changes required for profitable, long-term growth.”

    “On March 6, we announced the closure of Drumheller. Our team relocated efficient miners to Medicine Hat and retired inefficient miners. We expect to see the impact of these changes on our operating efficiency moving forward.”

    “We also made significant progress on our new Salt Creek site and expect to fully energize the site in April, less than three months after breaking ground. We removed our miners from Kearney and Granbury and are relocating them to our owned sites, Salt Creek and Alpha, to be energized. While this decreased our deployed hashrate and Bitcoin production during the month, it gives us the crucial ability to maintain full control of our fleet and drive down our energy costs going into the halving.”

    “Lastly, site-level operating responsibilities transitioned to the new owner of Kearney and Granbury and we continue to transition ownership of all other activities at those sites. Under our agreement, we expect to continue generating revenue at these sites until the agreement is terminated at the end of April, at which point we are entitled to receive an early termination fee of $13.5 million.”

    “I look forward to sharing more updates on the impact of our restructuring and growth initiatives in the coming months.”

      March 2024 February 2024
    Total energy capacity under management1 884 MW 926 MW
    Total deployed miners under management2,3 241.6K 258.2K
    Total hashrate under management2,4 25.5 EH/s 27.0 EH/s
     
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    Hut 8 Operations Update for March 2024 25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site; 9,102 Bitcoin on balance sheet positions Hut 8 to invest in growth as the halving approachesMiami, April 05, 2024 (GLOBE …