Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost

by CryptoExpert

March 1, 2024

in Mining

Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost

On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings to fund the company’s growth efforts. Hut 8 Leverages […]

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Bitcoin mining giant Poolin files for bankruptcy owing 11,700 users $164 million

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