Hut 8 Ends 2021 With 5,518 BTC in Reserve, Secures $30M Loan

[ad_1] Hut 8 mined 276 BTC in December, up from 265 in the previous month. The miner deposited all bitcoin mined into custody, as per its “hodl” strategy. Hut 8 now holds 5,518 BTC in reserve, a 97% increase from December 2020. Hut 8, a publicly-listed bitcoin mining company, mined 8.9 BTC per day on average in December, totaling 276 bitcoin produced in the month, the company said in a statement Wednesday. Following on its “hodl” strategy, Hut 8 said it deposited all bitcoin produced in the period into custody,…

Read More