Hut 8: The Struggles of One of Canada’s Largest Miners
For an industry whose foundation was built on transparency, there is a still lot about the cryptocurrency space that remains opaque. Companies are hesitant to disclose revealing information unless required to do so. Thankfully, the filings of publicly listed companies provide an excellent, yet underutilized, resource for understanding crucial details that would otherwise be unknown to the community.
CoinDesk Research presents an in-depth look into one of the largest publicly listed mining companies, Hut 8. The halving will serve as a pivotal moment for the industry as a reduction in the block reward subsidy puts several miners’ operations in jeopardy. In this report, we get a more intimate look into the space as we delve into Hut 8’s financials and identify key risks & concerns.
For more detail and further insights into one of the sector’s largest publicly listed companies, download our free report.