Hut 8 Operations Update for March 2025
Hut 8
· April 04, 2025
· ✓ verified
Hut 8 Corp., an energy infrastructure platform, reported a 102% increase in deployed hashrate from 4.6 EH/s in February to 9.3 EH/s at the end of March 2025. The company also improved fleet efficiency by 31%, from 29.3 J/TH to 20.1 J/TH. A significant milestone was the launch of American Bitcoin, a subsidiary in partnership with Eric Trump. Hut 8 will now provide quarterly updates instead of monthly.