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Hut 8 Mining reports 4% growth in February daily average bitcoin production

Cryptocurrency coins in close up. Bitcoin, Ethereum, Binance.

Phaelnogueira/iStock Editorial via Getty Images

  • Hut 8 Mining (NASDAQ:HUT) reported 298 bitcoin mined for February 2022 which led to an average production rate of 10.3 Bitcoin/day; this is compared to 308 mined bitcoin in January with daily average production

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Comments (9)

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The initial title showing a drop in production should not have been printed. You have zero credibility for publishing that. Thanks for fixing it, but the damage to your reputation is done. Sorry, but details matter.
@sslough Relax…
Thank you for fixing the title.
FirstFIREWealth_P01135809 profile picture
We had less days in February. I'm holding
6,115 total Bitcoin held, very nice, looks like they are in league with RIOT and right below MARA and SQ for holdings
Hey you guys , Feb was 28 days … monthly comparison are useless , praise the daily increase instead !
The title is misleading. The '3% drop' is due to there being 3 fewer days in February than in January. When it is normalized by the production rate, there was a 3.7% increase in production in February.
@Fidug - another article talked about the 3% reduction as well, without mentioning the fewer days in February. Can definitely steer some people incorrectly.
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