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One of the most experienced teams in the crypto industry

Revolutionizing the future of digital finance.

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About Hut 8

As one of North America’s oldest and largest digital asset miners, we’ve got an edge the competition can’t match, and the bitcoin holdings to back it up. We’ve been navigating Bitcoin market cycles and supporting sovereign systems since 2018. We know what the roadmap to digital mining success looks like.

And we’re not just on top of the trends — we’re setting them. In just four years, we’ve grown from a single partnership to one of the largest bitcoin miners globally, with the most self-mined bitcoin held along with expanded Ethereum mining and diversified revenue streams. All done with balance-sheet-first approach to how we run our business. Plus, we have one of the highest installed capacities in North America. And three different business lines that help us earn revenue. So, what’s next on tap? We’re manufacturing the future of finance and freedom by bridging the gap between traditional and nascent high-performance computing.

Bletchley Park Alan turing & Enigma Machine

The story behind “Hut 8”

Hut 8 was the name of the building at Bletchley Park where Alan Turing created the Bombe, a machine that could quickly crack the Enigma code and intercept enemy communications during World War II. Turing’s world-changing work in Hut 8 saved countless lives and transformed cryptography as we know it. His advances in codebreaking laid the foundation for Blockchain as it stands today.

Blazing the Trail Since 2018

Hut 8 has been beating records and breaking barriers since we started mining in 2018.

October 2017

Hut 8 Mining Corp was formed 
March 2018

Signs electricity supply agreement and commits $100 million construction to Medicine Hat 
May 2018

Begins trading on OTCQX Best Market 
July 2018

Completes construction of Medicine Hat facility and becomes operational 
July 2019

Record quarterly amount of bitcoin mined of 2,816 for Q2 2019
October 2019

Begins Trading on the Toronto Stock Exchange  
October 2019

Changes custodian to BitGo 
August 2020

Brings site operations and management in-house 
November 2020

Appoints Jaime Leverton as CEO
February 2021

Becomes one of the largest bitcoin miners globally with one of the highest installed capacities in North America 
March 2021

Hut 8 proven balance sheet first approach to business management helps weather crypto winter: Hut 8 fiscal 2020 earnings release 246 increase in working capital 40 7M in total revenue 87 YOY increase in net income
April 2021

Finalizes key power purchase agreement with Validus Power Corp.
April 2021

Names head of sustainability 
April 2021

Partners with Galaxy Digital on tailored lending deal that will enable Hut 8 to earn a 4% yield on 1,000 bitcoins, compliment to 4% earned on 1,000 Bitcoin with Genesis and Hut 8 yield initiatives on held Bitcoin
May 2021

Hut 8 achieves record level revenue results in Q1 2021 balance sheet grows 134 over fiscal 2020
May 2021

2021 Expands Mining Capacity with $30 Million USD Purchase of NVIDIA CMPs 
June 2021

Gains approval to list on the NASDAQ  
June 28 2021

Hut 8 provides corporate update & Goals of 3.0 E/H, and 5,000 Self Mined Bitcoin by end of 2021, & 6.0 E/H by mid 2022 
June 30 2021

Hut 8 Announces purchase of 12,000 New Micro BT Miners for deployment by End of Q4 2021