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Aug 12 , 2021 - Press release Hut 8 Achieves Second Consecutive Record - Level Quarterly Revenue in Q2-2021 TORONTO , Aug. 12 , 2021 / CNW / - Hut 8 Mining Corp. ( Nasdaq : HUT ) ( TSX :) ( " Hut 8 ” or the “ Company ” ) , one of North America's largest , innovation - focused digital asset mining pioneers , supporting open and decentralized systems since 2018 , is pleased to announce its financial results for the quarter ending June 30 , 2021 ( “ Q2-2021 " ) . All dollar figures are in Canadian Dollars ( " CAD " ) , unless otherwise stated . BITCOIN INVENTORY AND VALUE Hut 8 continues to strategically emphasize its “ hodľ❞ strategy , taking active steps to generate Canadian and US dollars to help fund operating expenses , so as to avoid selling Bitcoin . During Q2-2021 , 100 % of self- mined Bitcoin was deposited into custody . As of June 30 , 2021 , the Company had a total Bitcoin balance of 3,824 with a market value of $ 166 million . Hut 8's current Bitcoin balance , including 2,000 Bitcoin loaned as part of the Company's fiat yield strategy , is approximately 4,240 Bitcoin , reflecting a market value of approximately $ 245 million . HASHRATE AND COMPUTE POWER Hut 8 currently has an installed hashrate of 1.37 exahash ( " E / H " ) . Given pending orders , we have additi hashrate of 1.3 E / H ( including 1,600 gigahash equivalent ) , bringing contracted hashrate to approximately 2.7 E / H . Based on current network dynamics , we anticipate daily settlement once all contracted equipment is hashing will equate to 20 - 25 Bitcoin per day .