Hut 8 acquires 960 MicroBT miners from TAAL
- April 19, 2022
- 0
Canadian mining company Hut 8 Mining has signed an agreement with TAAL to host and purchase 960 MicroBT Whatsminer M31S+ miners. This was reported in a press release.
Canadian mining company Hut 8 Mining has signed an agreement with TAAL to host and purchase 960 MicroBT Whatsminer M31S+ miners. This was reported in a press release.
Bitcoin mining equipment is operated in Medicine Hat, Alberta, Canada. The deal will increase the Hut 8 hash rate by 81 PH/s to 2.62 EH/s.
The agreement will enter into force on 1 May.
As of December 31, the company’s computing power was 2 EH/s.
Recall that in 2021 Canadian Hut 8 mined 2786 BTC, increasing revenue by 327% to 173.8 million. CHAD.
Previously, Arcane Research analysts had predicted an increase in the share of hashrate and bitcoin on the balance sheets of public mining companies in the US and Canada.
Source: Fork Log
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