According to BlockBeats, on November 12, Canadian cryptocurrency miner Hut8 announced in its third-quarter financial report that it had exceeded the goal set earlier this year to hold 5,000 Bitcoin (BTC) reserves through mining. Currently, the company’s Bitcoin balance has reached 5,053, with a total market value of approximately US$430 million. It is reported that the company has a large number of application-specific integrated circuit (ASIC) machines for Bitcoin mining. In addition, it has deployed NVIDIA GPUs to mine Ethereum (ETH).
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