Hut 8 Mining increases Bitcoin holdings by 238 in November

Hut 8 Mining increased its Bitcoin holdings by 238 in the period ending November 30, bringing total self-mined holdings to 8,925 Bitcoin. 238 Bitcoin were generated, resulting in an average production rate of approximately 7.9 Bitcoin per day. Keeping with its longstanding HODL strategy, 100% of the self-mined Bitcoin in November were deposited into custody. Total Bitcoin balance held in reserve as of November 30 is 8,925. Installed ASIC hashrate capacity improved to 3.27 EH/s, of which 2.44 EH/s was available for operations following the suspension of mining activities at the North Bay mining facility; both metrics exclude certain legacy miners that are set to be fully replaced by the end of the year 2,000 new MicroBT Whatsminer 30S++/+ were installed in our Medicine Hat mining facility.