Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8.7 million on higher depreciation costs. Depreciation spiked to $13.3 million, wiping out mining profit which came to $6.7 million. Also Read: Trade.io Acquires Primus Capital Markets to Offer BTC-Backed Forex Trading Revenue […]The post Canadian Bitcoin Miner Hut 8 Reports Q3 Loss of $8.7 Million appeared first on Bitcoin News.
