- Hut 8 (TSX:HUT), one of North America’s largest Bitcoin miners, has energized one-third of its 63 MW Salt Creek mining site in Culberson County, Texas
- Management expects Salt Creek to mine Bitcoin at a 30 per cent lower cost than its hosted facilities
- Hut 8 is a North American Bitcoin miner and computing infrastructure provider
- Hut 8 stock (TSX:HUT) has given back 27.25 per cent year-over-year, but has gained 35.77 per cent since 2019
Hut 8 (TSX:HUT), one of North America’s largest Bitcoin miners, has energized one-third of its 63 MW Salt Creek mining site in Culberson County, Texas.
Management expects Salt Creek, which was energized only 78 days after breaking ground, to mine Bitcoins at a 30 per cent lower cost than hosted facilities thanks to its favorable energy profile. The company plans to further activate the site in the coming weeks.
Salt Creek is set up to maximize…
