Bitcoin Miner Hut 8 Talks Operational Points and USBTC Merger in Earnings Name

In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a website in North Bay, Ontario as a consequence of an ongoing dispute with its vitality supplier, Validus Energy. Hut 8 has now eliminated all machines from the ability to a website in Drugs Hat, Alberta. Pressed about progress by analysts on the corporate’s earnings name Thursday morning, Hut 8 CEO Jaime Leverton stated the agency is assessing alternatives to energise the miners however did not give any concrete alternate options.