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Will Hut 8's profitability improve post-halving by end of 2024?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Hut 8's financial statements and profitability reports
Story
Hut 8 and Bitmain Partner to Launch U3S21EXPH ASIC Miner with 860 TH/s
Sep 19, 2024, 10:20 PM
Hut 8 and Bitmain have announced a partnership to launch a new ASIC miner, the U3S21EXPH, featuring direct liquid-to-chip cooling technology. This collaboration aims to advance next-generation mass-commercialization of mining equipment. The U3S21EXPH miner is designed to enhance the hash rate by 80%, reaching 33.5 EH/s by mid-2025, and offers 860 TH/s with 13 J/TH efficiency. This innovation is expected to improve profitability for miners despite dropping revenues post-halving. Additionally, Hut 8 is pushing into AI with this new technology.
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Similar markets
Yes • 50%
No • 50%
Less than 30 EH/s • 25%
30-32 EH/s • 25%
32-33.5 EH/s • 25%
More than 33.5 EH/s • 25%