Who Becomes ‘Largest’ by Capacity

in crowdsalenetwork •  6 years ago 

Toronto-based Bitcoin mining company Hut 8 has announced the completion of its second mining facility in Canada on July 16, claiming to have become the world’s “largest publicly-traded” operator by capacity. Launched through a partnership with BitFury, which provided the company access to mining hardware and other necessities, Hut 8 has mined around 1,900 Bitcoin (BTC) since its original launch in December last year. BitFury and Hut 8’s comparative success further diversifies the Bitcoin mining market, which continues to see dominance from the Chinese-owned Bitmain.

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