November 2024 – In a landmark move set to redefine North America’s mining landscape, Hut 8 (NASDAQ: HUT), a premier Bitcoin mining enterprise, has announced a major collaboration with BITMAIN to deploy tens of thousands of ANTMINER S21+ units in Q1 2025. This agreement marks the second major partnership between the two industry giants, following their September 2024 deal for the ANTMINER U3S21EXPH.

Key Highlights of the Partnership

• Massive Hashrate Expansion: The deployment of ANTMINER S21+ miners will significantly boost Hut 8’s computational power, positioning the company for unprecedented growth in Bitcoin mining efficiency and output.
• Proven Collaboration: Building on the success of their prior agreement, this deal reinforces the strong, ongoing relationship between Hut 8 and BITMAIN.
• Cutting-Edge Technology: The ANTMINER S21+, known for its exceptional energy efficiency and high hashrate, will enable Hut 8 to optimize performance while maintaining sustainability.

Driving the Future of Cryptocurrency Mining

This strategic initiative underscores Hut 8’s commitment to scaling operations and enhancing profitability through state-of-the-art mining solutions. By leveraging BITMAIN’s industry-leading hardware, Hut 8 is poised to achieve new milestones in hashrate and operational excellence.

“Our continued partnership with BITMAIN reflects our dedication to advancing Bitcoin mining innovation and efficiency. The ANTMINER S21+ deployment will be a game-changer for our operations,” said a Hut 8 spokesperson.

Looking Ahead

As Hut 8 prepares for the Q1 2025 rollout, the company remains focused on sustainable growth and technological leadership in the crypto mining sector.

Stay tuned for updates on this transformative deployment!