Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report
Hut8's financial statements for 2022 showed that the Bitcoin miner earned less revenue despite its higher productivity levels.

The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
The significant USD liquidity decline shows Silvergate's role in connecting the traditional financial system and the crypto industry.
The total crypto market cap sinks below $1 trillion as the Silvergate crisis deepens and Fed hawkishness takes hold.
Mt. Gox's base repayment period has also been extended from Sept. 30 to Oct. 31, according to the announcement.
Sustainable energy use in Bitcoin mining currently sits at 52.6% as network emissions are declining despite increasing hashrate.
The hearing was held in response to the Crypto-Asset Environmental Transparency Act introduced in December.