Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner
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Hut 8 Mining Corp. - Common Shares (HUT)
Company Research
Source: GlobeNewswire
U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor Hut 8 plans to deploy model in Q2 2025 through ~15 EH/s hosting deployment with potential transition to self-mining through purchase option MIAMI, Sept. 19, 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 announced the expansion of its partnership with BITMAIN Technologies Ltd. (“BITMAIN”), the world’s largest manufacturer of digital currency mining servers, with the launch of the U3S21EXPH, a next-generation ASIC miner. Hut 8 plans to deploy the model in Q2 2025 through a ~15 exahash per second (“EH/s”) hosting agreement leveraging custom data center infrastructure developed in-house by Hut 8. As part of its long-term, power-first strategy, Hut 8 continues to scale its compute l
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- Hut 8 Schedules Full-Year 2024 Earnings Release and Conference CallGlobeNewswire
- Hut 8 Operations Update for January 2025GlobeNewswire
- Hut 8 Corp. (NASDAQ: HUT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $38.00 price target on the stock.MarketBeat
- Hut 8 Corp. (NASDAQ: HUT) is now covered by analysts at Keefe, Bruyette & Woods. They set an "outperform" rating on the stock.MarketBeat