Hut 8 Mining
Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs
The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.
Les mineurs de Bitcoin récoltent une aubaine alors que les débuts des « Runes » font monter les frais de transaction à des niveaux records
La « réduction de moitié » du Bitcoin était censée réduire considérablement les revenus des sociétés minières de Bitcoin . Au lieu de cela, le lancement simultané du protocole Runes de Casey Rodarmor a déclenché une vague d'activité sur la blockchain la plus ancienne et la plus grande, faisant grimper les frais.
Hut 8 CEO on Securing Up to $50M in Loans From Coinbase, State of Bitcoin Mining
Hut 8 Mining has secured up to $50 million in loans from Coinbase Credit to fund its operations. Jaime Leverton, CEO of the North American digital asset miner, joins "First Mover" to discuss working with Coinbase Credit and what the loans will be used for. Plus, Leverton's insights on the state of crypto mining and outlook on bitcoin (BTC) as major players like Compute North and Core Scientific have previously filed for chapter 11 bankruptcy protection.
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
"CoinDesk Daily" host Jennifer Sanasie takes a look at today's hottest headlines in the crypto industry. Digital asset investment products witnessed the largest single weekly inflows in a year - mostly dominated by bitcoin-related products, according to a report from CoinShares. Meanwhile, Hut 8 Mining (HUT) has secured up to $50 million in loans from Coinbase Credit to fund its operations, which includes closing a merger with US Bitcoin Corp. Plus, days after abandoning its proposed purchase of Prime Trust, BitGo CEO Mike Belshe said the cryptocurrency custodian has more acquisitions in the pipeline. And, the NEAR Foundation is joining Alibaba Cloud to accelerate Web3 growth in Asia and the Middle East.
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.
Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
The delays are impairing the miner's hashrate and bitcoin production.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter results from miners were a mixed bag.
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
U.S. Bitcoin Corp. Settles With Niagara Falls City to Resume Bitcoin Mining
The firm is currently trying to complete a merger with Canadian Hut 8 Mining.
Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $27.6K
BTC’s price is up over 10% over the last 24 hours.
