Cryptocurrency News

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

08/07/2022

Less than a minute

2022.08.07 21:21

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of market volatility.

The Alberta-based company generated 330 Bitcoin in July at an average production rate of 10.61 BTC per day, bringing its total reserves to 7,736 BTC. Its monthly production rate was equivalent to 113.01 BTC per exahash, the company disclosed Friday.

08/07/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,641.04 2.48%

Ethereum (ETH) $ 3,879.72 2.19%

Tether (USDT) $ 1.00 0.19%

XRP (XRP) $ 2.47 6.35%

BNB (BNB) $ 714.92 1.67%

Solana (SOL) $ 215.81 4.48%

Dogecoin (DOGE) $ 0.384969 4.16%

USDC (USDC) $ 1.00 0.15%

Lido Staked Ether (STETH) $ 3,876.69 2.29%

Cardano (ADA) $ 1.03 5.73%

TRON (TRX) $ 0.273533 4.78%

Avalanche (AVAX) $ 46.39 6.32%

Chainlink (LINK) $ 27.45 2.32%

Wrapped stETH (WSTETH) $ 4,601.00 2.00%

Shiba Inu (SHIB) $ 0.000026 5.34%

the-open-network

Toncoin (TON) $ 5.70 5.05%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,280.94 2.35%

Sui (SUI) $ 4.66 0.06%

Stellar (XLM) $ 0.425685 4.63%

Polkadot (DOT) $ 8.24 5.99%

hedera-hashgraph

Hedera (HBAR) $ 0.298497 1.88%

WETH (WETH) $ 3,875.80 2.35%

Bitcoin Cash (BCH) $ 519.90 4.07%

Uniswap (UNI) $ 15.62 4.09%

LEO Token (LEO) $ 9.66 0.56%

Pepe (PEPE) $ 0.000021 7.51%

Litecoin (LTC) $ 115.66 8.56%

Hyperliquid (HYPE) $ 24.76 9.31%

NEAR Protocol (NEAR) $ 6.16 9.44%

Wrapped eETH (WEETH) $ 4,092.13 2.33%

Aptos (APT) $ 12.83 4.09%

Ethena USDe (USDE) $ 1.00 0.05%

Bitget Token (BGB) $ 4.22 10.70%

internet-computer

Internet Computer (ICP) $ 11.96 4.25%

Aave (AAVE) $ 368.09 0.77%

USDS (USDS) $ 1.00 0.00%

crypto-com-chain

Cronos (CRO) $ 0.187025 5.38%

Ethereum Classic (ETC) $ 31.58 5.76%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.548567 6.56%

VeChain (VET) $ 0.054436 7.23%

Render (RENDER) $ 8.38 5.43%

Artificial Superintelligence Alliance (FET) $ 1.58 3.92%

Monero (XMR) $ 222.24 1.55%

Mantle (MNT) $ 1.17 4.03%

Arbitrum (ARB) $ 0.937077 4.63%

Bittensor (TAO) $ 527.52 1.69%

MANTRA (OM) $ 4.08 1.75%

Filecoin (FIL) $ 6.09 7.18%

WhiteBIT Coin (WBT) $ 25.07 1.41%

Kaspa (KAS) $ 0.137544 4.06%