toronto stock exchange

May 13, 2020

Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility

On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC, down 54% from the 2,405...

InBitcoin, MiningTag:bitcoin mining, bitfury, earnings, Genesis Global Capital, Hut 8 Mining, Mining, third Bitcoin Halving, toronto stock exchange

Bitcoin (BTC) $ 105,605.29 0.18%

Ethereum (ETH) $ 2,534.14 0.86%

Tether (USDT) $ 1.00 0.01%

XRP (XRP) $ 2.15 0.29%

BNB (BNB) $ 647.79 0.64%

Solana (SOL) $ 145.85 0.60%

USDC (USDC) $ 0.999976 0.01%

Dogecoin (DOGE) $ 0.177786 0.23%

TRON (TRX) $ 0.271611 0.03%

Lido Staked Ether (STETH) $ 2,532.78 0.85%