Crypto Miner Hut 8 (HUT) Says Repairs to Damaged Equipment at Alberta Site Are Taking Longer Than Expected
June 9, 2023

Crypto Miner Hut 8 (HUT) Says Repairs to Damaged Equipment at Alberta Site Are Taking Longer Than Expected

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“Progress in bringing the equipment back online has been slower than expected given frequent curtailments and hardware failures due to power surges,” the Toronto-based company said on Friday. “As individual miner hashboards are repaired and re-installed, other hashboards are failing and require repair, which is impairing our hashrate and production.”

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