Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Hut 8 Expands Bitmain Partnership with Launch of Next-Gen ASIC Miner, Boosting Hash Rate by 80%

Powered by ChatGPT
#Bitcoin
The Block
452Words
Sep 19, 2024

Hut 8 Corp. has expanded its partnership with Bitmain Technologies by launching the U3S21EXPH, a next-generation ASIC miner, set to deploy in Q2 2025. This new model, featuring DLC cooling and a U form factor, aims to bridge the gap between Bitcoin mining and AI data center infrastructure, enhancing scalability and flexibility. The partnership is expected to increase Hut 8's hash rate from 18.5 EH/s to approximately 33.5 EH/s. Following the recent Bitcoin halving event, which led to a drop in miner revenue, Hut 8's stock rose over 7%.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==