- Hut 8 Mining ( NASDAQ: HUT ) on Thursday said it generated 299 bitcoins ( BTC-USD ) in Oct., at an average production rate of about 9.6 BTC per/day.
- Both figures were higher than the 277 BTC and production rate of about 9.2 BTC/day HUT reported for Sept .
- HUT's total BTC balance held in reserve as of Oct. 31 was 8,687, which, at the token's current price of $20,094.33, would be valued at $174.6M.
- HUT said its installed ASIC hashrate, or mining capacity, was 3.07 EH/s (exahash per second) at the end of Oct.
- The company said it produced 97.4 BTC/EH in Oct.
- Hut 8 Mining ( HUT ) stock closed -3.7% at $2.10 on Wednesday.
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Hut 8 Mining increases Bitcoin holdings by 299 for October