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Will Hut 8's revenue increase post-halving by end of Q2 2025?
3
Resolution / Starting Odds
Yes • 50%
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Hut 8's quarterly financial reports
Story
Hut 8 and Bitmain Partner to Launch 860 TH/s ASIC Miner with AI Push
Sep 19, 2024, 10:20 PM
Hut 8 and Bitmain have announced a partnership to launch the new ASIC miner U3S21EXPH, featuring direct liquid-to-chip cooling technology. This collaboration aims to advance the next generation of mass-commercialization of mining equipment. The U3S21EXPH miner boasts an 860 TH/s hash rate and 13 J/TH efficiency, significantly boosting Hut 8's hash rate by 80% to 33.5 EH/s by mid-2025. The partnership also includes an AI push, promising max gains. Despite the innovations, miners are still facing challenges with dropping revenues post-halving.
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Similar markets
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Less than $200 million • 25%
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