Despite disappointing earnings and its fair share of operational difficulties, the CEO of Canadian Hut 8 Mining (HUT) Jaime Leverton reassured investors. The miner’s gigantic stack of bitcoin, at 9,133 BTC at the end of Q1, as well as its diversification into high-performance computing hosting, “positively” distinguish the firm “from pureplay digital asset miners” who will have greater exposure to increased competition in the space after the halving, Leverton said.
Trending
Why The New ESG Narrative About Bitcoin Will Power The Next...
Bull runs are like wildfires: they need a combination of conditions to get started.A wildfire needs a long period of no rain, high temperatures...