press release

Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner

Sep 19, 2024
Posted by  Hut 8
PDF

  • U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor
  • Hut 8 plans to deploy model in Q2 2025 through ~15 EH/s hosting deployment with potential transition to self-mining through purchase option
Notes
  1. Based on the Company’s capacity as of August 31, 2024.
  2. Includes 100% of deployed hashrate at the King Mountain site, which is owned by the King Mountain JV in which the Company has a 50% membership interested and a Fortune 200 renewable energy producer has the remaining 50% membership interest.