Bitcoin Miner Hut8Mining expresses confidence in HODL strategy, while BTC exchange outflows reach record levels $btc hodl crypto
its results for the past month. According to the report, the company's Bitcoin holdings increased by 328 BTC, with an average daily production of 10.9 BTC per day in June. The total amount of Bitcoin on Hut 8's balance sheet reached 7,406 BTC, with all mined coins sent to custody.
In the report, the miner expressed its commitment to its strategy of holding Bitcoin and following a long-term development course, which also includes increasing production capacity and scaling the business. As of now, Hut 8 has 5,800 miners working at 20 MW of power, providing an operating capacity of 2.78 EH/s.The case of Hut 8 is rather an exception to the rule in the current state of the crypto market.
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