Thu, September 19, 2024 at 20:33

• 

  Joy

  • Hey Annie!

  • Guess what?

  • Hut 8 Corp. has just announced a major expansion in their partnership with BITMAIN Technologies Ltd. to launch a next-gen ASIC miner called the U3S21EXPH!🚀

  • 
• Annie

  • Wow, that sounds interesting!

  • What makes this new miner special?🤔

  
• 

  Joy

  • Well, this new model is the first mass-commercialized miner to feature direct liquid-to-chip (DLC) cooling within a U form factor.

  • This means it's super efficient and ready to be used in traditional data centers!💧💻

• Annie

  • DLC cooling?

  • Could you explain that a bit more?😊

  
• ADward

  • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... 😅

  
• 

  Joy

  • Sure thing!

  • DLC cooling is a technology usually reserved for high-performance computing data centers.

  • It cools the chips directly with liquid, making the mining process more energy-efficient and scalable.🌊

• Annie

  • Oh, I see!

  • So, when will Hut 8 deploy this new miner?📅

  
• 

  Joy

  • They plan to deploy it in the second quarter of 2025.

  • Initially, they'll handle about 15 exahash per second (EH/s) through a hosting agreement.🗓️

• Annie

  • 15 EH/s?

  • That sounds like a lot!

  • How does it compare to their current capacity?🤯

  
• 

  Joy

  • Right now, Hut 8 has a self-mining capacity of 5.6 EH/s.

  • If they decide to buy the hosted machines, their capacity could grow to 20.6 EH/s!

  • That's a huge leap!📈

  • 
• Annie

  • That's impressive!

  • How does this partnership benefit both companies?🤝

  
• 

  Joy

  • Hut 8 gets to leverage BITMAIN's advanced technology and expertise, while BITMAIN benefits from Hut 8's operational strength and innovative track record.

  • It's a win-win!🏆

• Annie

  • Sounds like a smart move!

  • What about the financial aspect?

  • Is there any risk involved?💸

  
• 

  Joy

  • Good question!

  • The agreement includes a fixed hosting fee and a purchase option for Hut 8.

  • This allows them to assess market conditions before making further investments, minimizing financial risk.📊

• Annie

  • That's reassuring.

  • Do you think this news is a positive development for the market?🌟

  
• 

  Joy

  • Absolutely!

  • This partnership and the new technology could significantly boost Hut 8's mining efficiency and capacity, making it a strong player in the market.

  • It's definitely a positive development!🌟🚀

  • To sum up, this article is considered a 😍Bullish for investors!!