Hut 8 surpasses 8,000 BTC mark as it continues to HODL By Cointelegraph

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Hut 8 surpasses 8,000 BTC mark as it continues to HODL

Canadian mining firm Hut 8 saw its holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions.

Hut 8 released its latest mining report for August 2022, which showed that it had increased its Bitcoin holdings by 375 BTC for the month to take its total reserves to 8,111 BTC. The mining firm a reported that it had mined 12.1 BTC per day at a rate of 125.8 BTC per exahash for the month.