Question · Q4 2025
Greg Miller asked about Hut 8's strategy for allocating its development pipeline between Bitcoin mining and High-Performance Computing (HPC) or AI use cases, given their distinct value propositions.
Answer
CEO Asher Genoot explained that Hut 8's current focus is on converting sites for AI use cases, with Bitcoin mining serving as an alternative to confidently develop substations and interconnections. He noted that the company's primary goal for its full development pipeline is traditional data centers for AI computing, leveraging its unique edge in power-first development.
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