Hut 8 Mining Corp., a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8.7 million on higher depreciation costs. Depreciation spiked to $13.3 million, wiping out mining profit which came to $6.7 million.
https://news.bitcoin.com/canadian-bitcoin-miner-hut-8-reports-q3-loss-of-8-7-million/