Hut 8 Mining produced 308 bitcoins in February, with a bitcoin reserve of 5,826

On February 3, Hut 8 Mining, a North American listed mining company, announced the following updates: Mining output highlights in January 2022: - A total of 308 bitcoins were produced, with an average daily output of 9.93 bitcoins: about 16% of bitcoin production GPU miners from the company, which mine ethereum but receive bitcoin payments.

The average cost of these GPU miners to produce a bitcoin is less than CAD 2600; - 100% of the bitcoins mined in January have been deposited in escrow; - as of January 31, 2022, the company's total bitcoin reserves The balance is 5826 pieces; - The current mining machine computing power is 2.36 EH/s, an increase of 17% compared to December 31, 2021.