Business
Hut 8 Operations Update for February 2024
27 EH/s and 926 MW under management as Company continues to increase operating scale and execute restructuring and optimization initiatives Strategic
About this update from Hut 8 Corp.
[{"type":"text","content":"27 EH/s and 926 MW under management as Company continues to increase operating scale and execute restructuring and optimization initiatives Strategic initiatives and site buildouts in Texas advancing New treasury strategy and 9,110 Bitcoin on balance sheet gives Hut 8 significant optionality leading into the halving MIAMI, March 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest Bitcoin miners and energy infrastructure operators, is proud to share its operations report for February 2024. February 2024January 2024Total energy capacity under management 1926 MW839 MWTotal deployed miners under management 2258.2k214.7KTotal hashrate under management 327.0 EH/s22.3 EH/sSelf-Mining4 Deployed miners574.1k73.1KDeployed hashrate67.2 EH/s7.2 EH/sBitcoin produced292 BTC339 BTCBitcoin on balance sheet79,110 BTC9,116 BTC Managed Services8 Energy capacity under management767 MW680 MWDeployed miners under management 9218.6k178.7KHashrate under management23.4 EH/s19.0 EH/s Hosting Deployed miners under management 976.7k73.9KHashrate under management8.7 EH/s8.4 EH/s Notes:(1) Includes all Self-Mining, Managed Services, and Hosting infrastructure, including 100% of the energy capacity at the Echo site (King Mountain, TX).(2) Includes all miners that are racked with power and networking, rounded to the nearest 100, in Self-Mining, Managed Services, and Hosting infrastructure with power and networking, including all miners at the Echo site (King Mountain, TX).(3) Includes all Self-Mining, Managed Services, and Hosting hashrate, including 100% of the hashrate at the Echo site (King Mountain, TX).(4) Self-Mining operations for Hut 8 Corp. include all operations at the Echo site (King Mountain, TX).(5) Deployed miners are defined as those physically racked with power and networking, rounded to the nearest 100. (6) Indicates the target hashrate of all deployed miners.(7) As of month-end. (8) The Managed Services figures reflected in this table include the Self-Mining and Hosting metrics from the sites where Hut 8’s Managed Services business is an additional service layer in the operation of the site (at Charlie, Delta, Echo, and Hotel – site details below). As a result, the sum of the Self-Mining, Managed Services, and Hosting numbers will not add up to the “Total energy capacity unde...