Hut 8 increased its hashrate by 79% in Q1 2025 despite reporting a $134.3 million net loss, driven by major investments and the launch of its American Bitcoin subsidiary.
Adrian Zmudzinski
Adrian Zmudzinski is a cryptocurrency journalist with over 4,000 articles under his belt. His bylines include Cointelegraph, Benzinga, Crypto.News, BeInCrypto, VentureBeat. He is passionate about digital rights, privacy, cybersecurity and the cypherpunk principles that resulted in the creation of Bitcoin.
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Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss - News
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