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Hut 8 Mining Corp. (HUTMF)

Other OTC - Other OTC Delayed Price. Currency in USD
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4.34750.0000 (0.00%)
At close: 3:59PM EDT
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  • D
    David
    You see BTBT's strength today? Up 85% right now. An article came out about a partnership that will increase their hashing rate. That combined with Bitcoin's strength, and perhaps BTBT prior performance, likely causing this move. But doing a little comparative DD, BTBT 's goal is a 3.4 EH/sec hashrate by mid 2022. But that pales to HUT's 6 EH/sec mid 2022 target, and BITF's 8 EH/sec eoy 2022 target. I predict, at some point the market will see BTBT's strength, realize the truth of the above, and HUT and BITF are going rapidly rise even faster than they already are. Food for thought.
  • L
    Larry
    I think the next few days are important for gauging HUT8 management’s mindfulness and viciousness in guarding their territory. I want to see how much “gangster” is in them - whether they just want to just cheer and let the increased price of BTC somewhat squeeze the shorts, helping the SP to rise….. OR, they can deal a serious head-shot to shorts by releasing a PR, similar to what Bitfarms authored 2 weeks ago, simply updating recent increases in our BTC holdings, updates on device installation and daily mining rates… anything that’s been going beyond initial expectations (should be easy, given the significant reduction in difficulty and new machines coming online). I’ve seen a lot of past comments on this board, complaining about how quiet management is – I’m not a fan of meaningless PR’s, released just for the sake of releasing something, BUT I do want a management team that shows they’re willing to take advantage of times to “turn the knife”, when presented.

    I greatly appreciate their attention to create a strong base of fundamentals, as well as not getting ahead of themselves with PR’s of non-substance, but I want a team that understands what it means to send a meaningful message (when pertinent) to the current and impending shareholders; but maybe more importantly, to those that have weighed the stock down, while BTC was in a downturn. Not to get too dramatic, but trading/investing is a war, not a bake sale. Dropping a strong PR, likely not only amplifies the current rise in SP, but it sends a message and begins to set a more fearful psychological tone of the profitable things to come for this company, to those that even contemplate shorting this stock, en masse, in the intermediate future. From a psychological standpoint, this point of heightened awareness toward BTC is the perfect time for Hut to burn their presence in people’s memory, to both entice and intimidate.

    You guys want Hut8 to be a crypto mining leader, to attract large institutional investors and get to the valuation to the levels of RIOT and MARA? Part of that is letting others know that you’re a growing monster, dangerous, and not to be f#
  • O
    Old Timer
    With all the expansion happening this year and next year. The only thing that will keep it down is the price of coin.

    Now, the market prices in future earnings. So, the price of HUT is being held down for various reasons, one of which speculation on the price of coin going forward.

    The market is always forward looking.

    Miners, are no different than copper miners which I have decades of experience with.

    People buy, or don’t buy, crypto miners based on where they think the price of coin will go near term.

    With that said, HUT has announced some serious expansion which should or should have put a floor to their price, unless the smart money thinks btc is going to $20k.

    Gotta love the markets.
  • L
    Lucas
    If Bitcoin breaks 40k USD this is going up another 25% today
  • v
    volleyball_is_life
    Look at that volume for Bit Digital!!! BTBT. 203 million! Hut at 6.6 million. We still got a ways to go. But today was good across the board!
    Bullish
  • J
    Justin
    Holding 4500 shares at 5.89 cost basis. Looking forward to the rest of the year.
    Bullish
  • D
    D
    Bitcoin was up about 20% during the weekend....and hut was way more oversold than Bitcoin. We should be up 40-50% today. Maybe more if the squeeze happens.
  • n
    nimmo
    “New Jersey’s pension fund chased crypto mining’s upside last quarter with multimillion-dollar bets on two of the industry’s biggest names.
    The state-managed pension ended June with $3.66 million in Riot Blockchain (NASDAQ: RIOT) and $3.39 million in Marathon Digital Holdings (NASDAQ: MARA), according to disclosure documents.”

    I wish they invested in HUT. But it surely demonstrates increasing belief in crypto and miners. Bright days ahead.
    Bullish
  • C
    Carole
    tomorrow's at least 10% UP.......sayonara shorts! LOL insider leak of amazon accepting bitcoin payment. I've been buying and buying......soon HUT is going to dominate!
    Bullish
  • G
    George
    Amazon,Google,Apple will all be accepting Btc as payment within the next 6 months.
  • D
    David
    Sunday evening, Bitcoin is on another run, just hit $35,300. And apparently on some strong volume.
    Looking really good!!! If this continues into the market day tomorrow, things could get very interesting.
  • R
    Realbullishcowboy
    Massive buying as Bitcoin on verge of testing the 40k mark ....Get into the bigger names like Hut 💎🚀 going higher ....yes long base formation for next leg up loll
  • D
    David
    Now, Sunday evening still, Bitcoin just hit $36,900. Bitcoin is on a run!
  • C
    Calgary
    IMHO HUT likely to test $16 again.
  • a
    andy
    Because of the drop in mining difficulty Hut will be making more profit with Btc at 40K than when it was 60K.
  • n
    nimmo
    I hope BitFury will let us enjoy our day today! They haven’t sold anything since past week or so.
    Bullish
  • M
    Mitchell
    Anyone els not selling today😎
  • M
    M
    I'm once again asking to be on the Yahoo trending ticker
  • a
    andy
    Nice consolidation....we will be up 25% during power hour.
  • D
    D
    We should finish above $5 usd today...at least....and guys, wait for the squeeze. It will be epic.