Hut 8 forecasts fivefold growth in its own hashrate
The hashrate of Hut 8 Mining, listed on Nasdaq, is forecast to rise by year-end from the current 1.2 EH/s to 2.5-3 EH/s, and by mid-2022 to 6 EH/s. Such estimates are laid out in the mining company's updated production plan.