OPERATIONS

Our fleets move us forward

We have equipment and expertise to stay ahead of the crowd.

Learn more

Pioneers in mining and managing market volatility, with the Hodl to prove it

Years of experience mining digital assets, multiple data mining centres, and access to world-leading propriety hardware and software, Hut 8 has one of the most established and largest operations in the mining game. We provide cutting-edge computing infrastructure to host our partners’ cryptocurrency mining needs. We value the planet and our local environment, which is why we strive to mine the most value with the least environmental impact.

The power to outperform

With 109 MW of existing power capacity, Hut 8’s current operations are ready to perform.

94

Open Air BlockBoxes with 1.2-2 MW of Power Each

4.5E/H PH/s

Total Contracted Hashrate for BTC Mining

209 MW

Total Contracted Power Capacity

5,242

Total Self-Mined Bitcoin Held Revenue Stock
(as of Nov 30, 2021)

1,600 GH/s

Total Contracted Hashrate for Ethereum Mining (for Q4 2021)

3

Business and Revenue Lines in One Price

Equipped with experience

We have a deep understanding of how to operate in all Bitcoin market conditions. Our equipment managers have experience managing Hut 8’s mining fleet hands-on, and we are masters at maximizing the performance of our machines. Our diversified fleet of ASIC and GPU mining equipment allows us keep pace with our competitors regardless of market volatility.

Our operational centers

Hut 8 currently has two data mining centers located in Alberta, Canada, which allow us to harness the power of Alberta’s diverse energy sources. Our mining centers mine efficiently and in an environmentally conscious manner through an abundance of gas, wind and green energy. We have industry leading power purchase agreements, and operate in areas with freezing cold temperatures and high winds, which are optimal mining conditions. We also maintain a strong working relationship with both community and government localities.

An abundance of gas, wind and green energy

Industry leading power purchase agreements providing freezing cold temperatures and high winds

A positive working relationship with the community and government

Birds eye view photograph of Hut 8 Mining Facility in Medine Hat, Alberta

Medicine Hat, Alberta

67 MW
Capacity

Drone photography of Hut 8 Mining Facility at sunset in Drumheller, Alberta

Drumheller, Alberta

42 MW
Capacity

But that’s not all. Our energy-rich province of Alberta, Canada offers a significant runway to expand our mining operations.