您现在的位置是:Hut 8 just announced a merger with US Bitcoin >>正文
Hut 8 just announced a merger with US Bitcoin
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛54262人已围观
简介Hut 8 to merge with US Bitcoin to diversify revenue streams.Mining potential of the combined company...
- Hut 8 to merge with US Bitcoin to diversify revenue streams.
- Mining potential of the combined company will be 5.6 EH/s.
- Hut 8 Mining Corp stock ended slightly down on Wednesday.
Hut 8 Mining Corp ended slightly in the red on Wednesday after revealing plans to merge with US Bitcoin Corp.
What’s in it for the two companies?
The said merger is expected to help diversify revenue streams and lower costs related to mining. It will create a larger publicly listed company that will operate under the name Hut 8 Corp.
Both companies have already secured unanimous approval for the agreement from their respective boards. In the press release, Jaime Leverton, who will continue to lead the joint company said:
Bringing together Hut 8 and US Bitcoin accelerates our diversified strategy, positions us for near-term growth, and establishes us as a strong player that’s ready and able to seize additional opportunities as they rise.
For the year, the Canadian digital asset mining company is currently up more than 150%.
Hut 8 to see a boost to mining potential
Bill Tai will also keep his role as Chairman of the Board while Asher Ganoot will remain the President of the combined firm. The press release named Michael Ho its Chief Strategy Officer and Shenif Visram its CFO.
The new Hut 8 Corp will manage in total 680 MW of infrastructure operations and note an increase in mining potential to 5.6 EH/s. According to Michael Ho – the co-Founder of US Bitcoin:
We’ve been searching for the right partner to join us on our ambitious growth journey for some time and are confident that Hut 8 is the perfect fit.
Last year, Hut 8 mined 3,568 bitcoin that increased its reserve to 9,086 BTC – up 65% year-on-year. Wall Street currently has a consensus “overweight” rating on this Toronto-headquartered firm.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/53477.html
相关文章
US crypto investors made $47B in gains in 2021: Report
Hut 8 just announced a merger with US BitcoinCrypto investors across the globe reaped huge profits in 2021, with realized gains hitting $163 bill...
阅读更多
NEAR is up by more than 7% today
Hut 8 just announced a merger with US BitcoinThe cryptocurrency market has lost more than $200 billion over the past few days.The cryptocurrency...
阅读更多
Bitcoin jumps above $20k for the first time since last November
Hut 8 just announced a merger with US BitcoinBitcoin hodlers felt a bit of relief recently. After making a new all-time high in 2021, Bitcoin ent...
阅读更多
热门文章
- First autonomous pothole
- Scientists use advanced AI to unlock human brain modeling
- Elo2 reveals its first lunar rover prototype for Artemis mission
- Dogecoin (DOGE) surges after hitting lows in the recent dip
- Say goodbye to your cat scaring you with this AI cat
- Porsche halts NFT mint amid community backlash