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The combined company will have a market capitalization of about US$990 million, according to a statement on Tuesday. It will have “access to” roughly 825 megawatts of “gross energy” across six sites. US Data Mining Group Inc. is the legal name of US Bitcoin Corp. Shares of Hut 8 fell as much as 11 per cent after the announcement.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
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Criminals hoping for their success!
Great time to buy $HUT shares imo.
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Hut 8 Mining’s merger with US Bitcoin brings revenue diversification: CEO - BNN BloombergThe newly announced merger of US Bitcoin and Hut 8 Mining Corp will provide diversified revenue and help the combined business scale, according to the chief executive of the Toronto-based crypto mining company.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »
Bitcoin: Evaluating if it’s the right time to enter the BTC marketThe count of mini BTC addresses has shot up in the last month. Price chart reading showed that buying pressure has weakened over time. Since Bitcoin’s [BTC] price regained the $20,000 mark, the count of BTC addresses that hold 0.1 BTC increased, data from Santiment revealed. According to the on-chain data provider, since reclaiming the […]
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