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Digital asset miner Hut 8 Mining Corp (NASDAQ:HUT) reported fourth-quarter FY21 revenue growth of 346% year-on-year to C$57.9 million. EPS loss was C$(0.67). Hut 8 currently has an installed hash rate of 2.0 EH/s, including the converted hash rate from its fleet of NVIDIA GPUs. As of December 31, Hut 8 had a total…

Cryptocurrencies dipped over the past week, with Bitcoin and Ethereum prices down significantly. Furthermore, the possibility the sector’s regulations will be tightened makes the industry’s near-term prospects uncertain. Also, the global semiconductor shortage could slow down the crypto mining industry. Hence, we think this might not be the right time…