• Written by: Crypto Breaking News
• Tue, 27 Feb 2024
•   United Kingdom

On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings to fund the company’s growth efforts. Hut 8 Leverages [...]The post Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost appeared first on Crypto Breaking News.

Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost

On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings to fund the companys growth efforts. Hut 8 Leverages [] Source: Bitcoin.com

The post Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost appeared first on Crypto Breaking News.