Canadian firm Hut 8 finalizes $11.8 million loan for new Bitcoin mining machines

Bitcoin mining company Hut 8 has finalized a loan to purchase 5,400 units of MicroBT’s mining equipment, which will increase the firm’s capacity to mine Bitcoin by 475 petahashes per second (PH/s), over the next six months. The firm completed the equipment financing loan worth $11.8 million from Foundry Digital, which is a subsidiary of […]


Canadian firm Hut 8 finalizes $11.8 million loan for new Bitcoin mining machines written by Alisha Roy @ https://ambcrypto.com/canadian-firm-hut-8-finalizes-11-8-million-loan-for-new-bitcoin-mining-machines/ January 22, 2021 Alisha Roy

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