Canadian Bitcoin Miner Hut 8 Reviews Q3 Loss of $8.7 Million

Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, that shows that a net loss of US $8.7 million on high depreciation costs. Depreciation increased to $13.3 million, wiping out mining profit that came into $6.7 million. Also Read: Trade.io Acquires Primus Capital Markets to Provide BTC-Backed Forex Trading  Revenue […]
The article Canadian Bitcoin Miner Hut 8 Reports Q3 reduction of $8.7 Million appeared first on Bitcoin News. […]

Leave a comment