What Is Hut 8 Mining and Why Is It Well Known?

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Hut 8 is a North America–based Bitcoin mining and digital infrastructure company best known for operating large-scale mining facilities and holding Bitcoin directly on its balance sheet. Unlike miners that sell most of their BTC to cover costs, Hut 8 has historically pursued a treasury-first strategy, retaining a significant portion of mined Bitcoin.

The company has gained attention for surviving multiple mining downturns and expanding beyond pure mining. In recent years, Hut 8 has diversified into high-performance computing (HPC) and AI infrastructure, helping reduce reliance on block rewards alone—an important edge in post-halving environments.

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surviving multiple mining winters already puts Hut 8 in a diff tier than most miners