Bitcoin mining company Hut 8 Mining released its Q2 financial report: revenue decreased by 56% year-on-year, and Bitcoin production decreased by 58% year-on-year

ChainCatcher news, Bitcoin mining company Hut 8 Mining announced its second-quarter financial report for the period ending June 30, 2023. In the second quarter, Hut 8 Mining's revenue decreased by 56.2% year-on-year to 19.2 million Canadian dollars, with a total of 399 bitcoins produced, a year-on-year decrease of 58%. Additionally, the company sold a total of 396 bitcoins in the second quarter, generating a revenue of 14.7 million dollars.