Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

Despite disappointing earnings and its fair share of operational difficulties, the CEO of Canadian Hut 8 Mining (HUT) Jaime Leverton reassured investors. The miner’s gigantic stack of bitcoin, at 9,133 BTC at the end of Q1, as well as its diversification into high-performance computing hosting, „positively“ distinguish the firm „from pureplay digital asset miners“ who will have greater exposure to increased competition in the space after the halving, Leverton said.