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According to: Hut 8, a listed mining company, produced 88 BTC in March, and the reserve increased to 10,264

According to: Hut 8, a listed mining company, produced 88 BTC in March, and the reserve increased to 10,264

Bitget2025/04/05 03:45

According to ChainCatcher, Nasdaq-listed Bitcoin mining company Hut 8 released its March operations update report. Mining output in March was 88 BTC, and Bitcoin reserves increased to 10,264. The deployed hash rate increased by 102% from an average of 4.6 EH/s in February to 9.3 EH/s at the end of March.

Hut 8 CEO Asher Genoot said the company has spun off almost all of its ASIC miners to American Bitcoin, an independent mining entity and a majority-owned subsidiary of Hut 8, focusing on Bitcoin mining and strategic reserve construction.

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