Bitcoin mining company Hut 8: The mining output in March was 88 BTC, and the Bitcoin reserves increased to 10,264 BTC.

According to Wu, Bitcoin mining company Hut 8 has released its operational update report for March, showing a mining output of 88 $BTC, an increase in Bitcoin reserves to 10,264 $BTC, and a deployed hash rate reaching 9.3 EH/s. Furthermore, Hut 8's CEO Asher Genoot revealed that the company has spun off nearly all of its ASIC miners to the newly established American Bitcoin. This independent mining company, which is a majority-owned subsidiary of Hut 8, focuses on Bitcoin mining and strategic reserve building.