Public Miner Hut 8 Now Holds Over 4,000 Bitcoin Worth $150 Million
Publicly traded Hut 8 has seen its Bitcoin mining production increase by 50 percent in the wake of China's crackdown on its domestic industry.Hut 8 Mining, one of North America’s largest Bitcoin mining operations, revealed Wednesday it produced 300 bitcoin, or an average of 9.7 BTC per day, this July. All told, the figures were up 50 percent from previous months, an increase Hut 8 said was the result of the "ongoing prohibition on cryptocurrency mining in China."The first publicly traded miner on the Toronto Stock Exchange and the first Canadian miner to be listed on The Nasdaq Global....
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