{"id":22914,"date":"2023-03-09T10:43:26","date_gmt":"2023-03-09T18:43:26","guid":{"rendered":"https:\/\/coinnetworknews.com\/bitcoin-miner-hut-8-talks-operational-issues-and-usbtc-merger-in-earnings-call\/"},"modified":"2023-03-09T10:43:26","modified_gmt":"2023-03-09T18:43:26","slug":"bitcoin-miner-hut-8-talks-operational-issues-and-usbtc-merger-in-earnings-call","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/bitcoin-miner-hut-8-talks-operational-issues-and-usbtc-merger-in-earnings-call\/","title":{"rendered":"Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.coindesk.com\/resizer\/ylf5NxmB8hg7ReIGdB8z1K4rX50=\/800x600\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/EINEXEPO4BG2XJ3LLIN64MY4PE\" \/><\/p>\n<div>\n<p>In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from the facility to a site in Medicine Hat, Alberta. Pressed about progress by analysts on the company&#8217;s earnings call Thursday morning, Hut 8 CEO Jaime Leverton said the firm is assessing opportunities to energize the miners but didn&#8217;t give any concrete alternatives.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.coindesk.com\/business\/2023\/03\/09\/bitcoin-miner-hut-8-talks-operational-issues-and-usbtc-merger-in-earnings-call\/?utm_medium=referral&#038;utm_source=rss&#038;utm_campaign=headlines\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from the facility to a site in Medicine Hat, Alberta. Pressed about progress by analysts on the company&#8217;s earnings call [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,55],"tags":[21,1911,2097,233,511,668,232,4049,2615,5182],"_links":{"self":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/22914"}],"collection":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/comments?post=22914"}],"version-history":[{"count":0,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/22914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media\/22915"}],"wp:attachment":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media?parent=22914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/categories?post=22914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/tags?post=22914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}