|Entity||Country||Symbol:Exchange||# of BTC||Value Today||% of 21m|
|Voyager Digital LTD||VOYG:TSX||12,260||12260||0.058%|
|Marathon Digital Holdings Inc||MARA:NADQ||11,568||11568||0.055%|
|Hut 8 Mining Corp||HUT:NASDAQ||9,265||9265||0.044%|
|Coinbase Global, Inc.||COIN:NADQ||9,000||9000||0.043%|
|Galaxy Digital Holdings||BRPHF:OTCMKTS||8,100||8100||0.039%|
|Riot Platforms, Inc.||RIOT:NADQ||7,112||7112||0.034%|
Hut 8 is one of the world's largest Bitcoin mining companies. The company is based in Toronto, Canada.
Hut 8 Mining owns 9,265 bitcoins as of April 30, 2023.
On May 9th, Hut 8 (Nasdaq: HUT) (TSX: HUT) announced that they had mined 132 bitcoins during April, and had not sold any of their production for that month.
Hut 8 announced they are currently mining with an average production rate of 4.4 bitcoin per day.
The company had sold all of it's February production and part of the March production to fund operating cost.
This means Hut 8 is planning to hold its bitcoins long term, rather than sell them for cash.
Yes, Hut 8 is a public company listed on the NASDAQ and also on the Toronto Stock Exchange (TSX). You can view its live share price here.
You can view the video below to see an example of one of the company's mines:
Hut 8 uses a mix of hydro and nuclear power.
A map of the company's mining centers can be found below:
The company also mines Ethereum, however it does not hold the ethereum long term. Instead, it converts the coins into Bitcoin.
In Hut 8's recent press release, the company states:
Our Ethereum mining – for which we receive payment in Bitcoin – generated approximately 10.7% of our total production
|Category||# of BTC||Value Today||% of 21m|
|Entity||Country||# of BTC||Value Today|
|Grayscale Bitcoin Trust||643,572||643572|
|Riot Platforms, Inc.||7,112||7112|
|Hut 8 Mining Corp||9,265||9265|
|Tether Holdings LTD||53,000||53000|
|Galaxy Digital Holdings||8,100||8100|
|Coinbase Global, Inc.||9,000||9000|
|Marathon Digital Holdings Inc||11,568||11568|