Blockchain
Hut 8 Mining Production and Operations Update for October 2022
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 299 in the period ending October 31, bringing our total self-mined holdings to 8,687 Bitcoin.
- 299 Bitcoin were generated, resulting in an average production rate of approximately 9.6 Bitcoin per day
- Keeping with our longstanding HODL strategy, 100% of the self-mined Bitcoin in October were deposited into custody
- Total Bitcoin balance held in reserve as of October 31 is 8,687
- Installed ASIC hashrate capacity was 3.07 EH/s at the end of the month, which excludes certain legacy miners that are set to be fully replaced by the end of the year
- Hut 8 produced 97.4 BTC/EH in October
“We continue to optimize our fleet to drive hashrate efficiencies at our mines,” said Jaime Leverton, CEO. “With a balance-sheet focused approach, we continue to manage well through this bear market, backed by the largest self-mined unencumbered Bitcoin stack of any publicly traded company.”
Blockchain
CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.
Blockchain
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