energy costs

Hut 8's $134M Loss: Is the Energy Gamble Really Worth It?

Hut 8's $134M Loss: Is the Energy Gamble Really Worth It?

Hut 8's recent $134 million loss isn't just a bad quarter. It's a flashing red light on a high-stakes gamble. To succeed, CEO Asher Genoot says that intentional investments will be key to unlocking future potential. The harsh truth is hidden in the numbers. A 57% decrease in their overall...