TechFlow news, November 7 — According to Cointelegraph, bitcoin mining firm Hut 8 forecasts its self-mining hashrate will increase by approximately 66% (from 5.6 EH/s to 9.3 EH/s) around the first quarter of 2025, following its agreement to purchase 31,145 Bitmain Antminer S21+ units, which are scheduled for delivery in early Q1 2025.
Hut 8 announced in September a purchase agreement with Bitmain that could add roughly 15 EH/s to its hashrate. If the company exercises this option, its total hashrate could rise further, potentially advancing its goal of reaching 24 EH/s as early as the second quarter of 2025.




