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Tag: Hut 8

Investment In Bitcoin Mining Surges As Halving Approaches, Energy Usage Hits All-time High – CryptoInfoNet

Bitcoin (BTC) miners are investing billions in equipment and consuming energy at unprecedented rates to maximize profits before the upcoming halving event in April.According...

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Important Notice for Hut 8 Corp. (HUT) Stockholders: Robbins LLP Alerts Investors of Hut 8 Corp. Class Action Lawsuit

Important Notice for Hut 8 Corp. (HUT) Stockholders: Robbins LLP Alerts Investors of Hut 8 Corp. Class Action Lawsuit Hut 8 Corp., a prominent cryptocurrency...

Admirals, Hut8, Saxo Markets and More: Executive Moves of the Week

This week has been notably exciting, marked by a significant uptick in executive appointments across the forex, crypto, and fintech sectors. This trend highlights...

Bitcoin Miner Hut 8 Appoints New CEO Weeks Following Short-Selling Report

Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against...

Hut 8’s CEO Departs; Asher Genoot Takes the Helm

Following the merger of equals between Hut 8 Corp. and US Bitcoin Corp, the renowned blockchain infrastructure company has announced a leadership transition. Asher Genoot, previously...

B.C. Supreme Court Rejects Crypto Miner’s Power Bid

News | Feb 6, 2024 Image: Unsplah/Robert LinderCourt Denies Crypto Miner's Power RequestConifex Timber Inc., a forestry company that ventured into cryptocurrency mining, faced...

Hut 8 responds to report criticizing USBTC merger and other activities

The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan. 19.The mining company wrote:“Hut...

Bitcoin’s rise to $45k propels crypto stocks to robust year opening

Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s...

Bitcoin Mining Stocks Boom With Marathon Digital In The Lead

The stock market has seen a remarkable surge in the value of Bitcoin mining stocks, leading the charge amidst a period of significant momentum...

Coinbase, MicroStrategy Jump In Premarket Trading As Bitcoin Rallies – CryptoInfoNet

Traders consider the two companies as proxy bets for the crypto markets, given their close ties to bitcoin.Coinbase is one of the largest crypto...

These Bitcoin Miners Sold More BTC Than They Produced In October: Data – CryptoInfoNet

For the first time in three months, the top 13 publicly traded crypto mining companies have sold more bitcoins (BTC) than they produced.According to...

Marathon, Riot among most overvalued Bitcoin mining stocks: Report

Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder...

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