Despite disappointing earnings and its fair share of operational difficulties, the CEO of Canadian Hut 8 Mining (HUT) Jaime Leverton reassured investors. The miner’s gigantic stack of bitcoin, at 9,133 BTC at the end of Q1, as well as its diversification into high-performance computing hosting, “positively” distinguish the firm “from pureplay digital asset miners” who will have greater exposure to increased competition in the space after the halving, Leverton said.
Source: https://www.coindesk.com/business/2023/05/11/bitcoin-mining-earnings-wrap-marathon-shares-underperform-after-new-sec-subpoena/?utm_medium=referral&utm_source=rss&utm_campaign=headlines