Hut 8 is poised to boost its mining capacity significantly by purchasing 31,000 Bitcoin miners. This deal could elevate its hash rate from the current 5.6 exahashes per second (EH/s) to an impressive 24 EH/s by the second quarter of 2025.
The company also holds an option to purchase an additional 15 EH/s from Bitmain, further amplifying its mining power potential. This strategic move signifies Hut 8's commitment to expanding its influence in the Bitcoin mining industry.
