ICYMI: Miner Hut 8 expanded its bitcoin holdings with June production
In June, Hut 8 also started mining at its new North Bay, Ontario location. Production ramped up to roughly 5,800 miners operating on 20 megawatts of power by the end of the month.
"The team had a successful month in North Bay and will continue to scale up over the next few weeks," Leverton said. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado.
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