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2025-01-13
21.0 EH/s and 967 MW 1,2 under management in mining with path to ~35 EH/s MIAMI, Dec. 05, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today released its operations update for November 2024. “We achieved net increases in deployed self-mining hashrate and efficiency in November by bringing inefficient miners offline in preparation for our initial fleet upgrade and completing the development of our R&D facility at Salt Creek,” said Asher Genoot, CEO of Hut 8. “These measures partially offset the impact of rising network difficulty on Bitcoin production, and we expect further performance gains in Q1 2025 as our initial fleet upgrade is expected to drive an improvement in average fleet efficiency to 19.9 joules per terahash.” “We remain intently focused on growing our proprietary operations and have advanced the buildout of our Vega site on schedule for energization in Q2 2025. Accounting for our fleet upgrade and assuming we fully exercise our purchase option for the miners we expect to host at the Vega site, we have a path to approximately 24 exahash per second of self-mining hashrate with an average fleet efficiency of 15.7 joules per terahash as early as Q2 2025. In parallel, we continue to progress AI data center development opportunities across our development pipeline.” Highlights Operating Metrics Energy Infrastructure Platform 3 Upcoming Conferences & Events: Notes : About Hut 8 Hut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. Headquartered in Miami, Florida, Hut 8 Corp. has a portfolio comprising twenty sites: ten Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X (formerly known as Twitter) at @Hut8Corp. Cautionary Note Regarding Forward–Looking Information This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events or developments that Hut 8 expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the business, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely” or similar expressions. Specifically, such forward-looking information included in this press release includes statements relating to the Company’s planned initial fleet upgrade and the expected resulting performance gains, including expected improvement in average fleet efficiency, its focus on growing its proprietary operations, its buildout and energization of the Vega site, including the expected timing and resulting performance gains, its continuing progress with respect to AI data center development opportunities across its development pipeline and the impact of Ionic’s termination of the managed services agreement. Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, security and cybersecurity threats and hacks; malicious actors or botnet obtaining control of processing power on the Bitcoin network; further development and acceptance of the Bitcoin network; changes to Bitcoin mining difficulty; loss or destruction of private keys; increases in fees for recording transactions in the Blockchain; erroneous transactions; reliance on a limited number of key employees; reliance on third party mining pool service providers; regulatory changes; classification and tax changes; momentum pricing risk; fraud and failure related to digital asset exchanges; difficulty in obtaining banking services and financing; difficulty in obtaining insurance, permits and licenses; internet and power disruptions; geopolitical events; uncertainty in the development of cryptographic and algorithmic protocols; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; the COVID19 pandemic, climate change; currency risk; lending risk and recovery of potential losses; litigation risk; business integration risk; changes in market demand; changes in network and infrastructure; system interruption; changes in leasing arrangements; failure to achieve intended benefits of power purchase agreements; potential for interrupted delivery, or suspension of the delivery, of energy to mining sites and other risks related to the digital asset mining and data center business. For a complete list of the factors that could affect Hut 8, please see the “Risk Factors” section of Hut 8’s Transition Report on Form 10-K, available under the Company’s EDGAR profile at www.sec.gov , and Hut 8’s other continuous disclosure documents which are available under the Company’s SEDAR+ profile at www.sedarplus.ca and EDGAR profile at www.sec.gov . Hut 8 Corp. Investor Relations Sue Ennis ir@hut8.com Hut 8 Corp. Media Relations media@hut8.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c9236ca1-6918-4b97-b9aa-530c73b90a67On a Saturday full of big-time college basketball games, the matchup between No. 8 Gonzaga and No. 18 UConn at Madison Square Garden figures to be among the most entertaining and the most significant. “It’s always better, I think more fun when you play against people like this,” UConn coach Dan Hurley said Friday on a pre-game Zoom call. “And I know they’re gonna want it bad. Both of us really want it bad. Both of us need it this game, want this game so it’s going to be a high level game, hopefully.” UConn has won back-to-back NCAA championships under Hurley and the program has won six total. Under Mark Few, Gonzaga has been to two NCAA championship games since 2017 and has appeared in nine straight Sweet 16s. “[These are] two of the best programs in the last 30 years in college basketball in Gonzaga and UConn, probably now both top five programs in the last 25-30 years” said Hurley, the Jersey City native and former Seton Hall guard. “And so I think it’s just it’s fun to take the court vs. them because of the incredible consistency, the number of Sweet 16s in a row, the two Final Fours and the winning percentage. And I think the way that they do it, they got really classy players [and a] classy coach.” City bound 🚌 pic.twitter.com/m1x5xipgaW UConn went 7-0 last season at Madison Square Garden — a venue its fervent fans like to call “Storrs South” — on the way to its second consecutive NCAA crown. “I think you’re excited about playing there,” he said of the Garden. After dropping three straight at the Maui Invitational and falling to No. 25 in the nation, UConn has won three straight including wins over No. 15 Baylor and Texas. Huge slate of rivalry games Saturday plus ⁦ @SetonHallMBB ⁩ at ⁦ @RutgersMBB ⁩ pic.twitter.com/WCMkmZfXlP The Huskies edged Baylor by 4 points, while the Bulldogs smacked them by 38 early last month. Gonzaga ranks third nationally in scoring offense at 90.2 points per game, but is coming off a 90-89 overtime loss to No. 4 Kentucky last week. UConn has won the last two matchups, including an 82-54 smackdown in the 2023 West Regional Final. Hurley praised senior point guard Ryan Nembhard, who’s averaging 10.9 points and a Division 1-best 10.7 assists. “He’s one of the best point guards in the country,” Hurley said. “He creates all types of problems for you in transition and in the ball screen game and with his ability to put pressure on the defense, but overall, they have a great, great offense.” Hurley said he asked his staff to check how far Nembhard was from his older brother Bobby on the all-time assist leader board. For the record, Bobby has 1,076 assists to Nembhard’s 634. “It looks like Bob safe, unless he’s got a COVID year or something,” Hurley cracked. Hurley also praised Gonzaga’s big man tandem of Graham Ike and Braden Huff. “I don’t think anyone’s got a center in tandem like they’ve got right now,” he said. “It’s kind of like what we’ve had the last last couple years in [Samson] Johnson and Donovan [Clingan] and you know when the backup center comes in a game you usually catch a break, not like that for them.” After beating Baylor, Hurley warned the critics: “Maybe they were too quick to grab the shovel and throw the dirt on us.” Now UConn can make another statement about being back if they can knock off the Bulldogs. FREE THROWS Hurley said freshman guard Ahmad Nowell (shoulder) would be a game time decision. Nowell has not played since Nov. 30. He’s averaging 3.3 points, 2.0 assists and 1.7 rebounds in seven games off the bench for the Huskies. Thank you for relying on us to provide the journalism you can trust. Please consider supporting us with a subscription. Adam Zagoria is a freelance reporter who covers Seton Hall and NJ college basketball for NJ Advance Media. You may follow him on Twitter @ AdamZagoria and check out his Website at ZAGSBLOG.com .AP News Summary at 5:15 p.m. ESTfb777 download app

Santa Clarita Valley Sheriff’s Station deputies responded to a report Thursday afternoon of a woman who was sitting on the train tracks near the Saugus Metrolink Station. Deputy Nicholas Hoslet said station deputies responded to the area and reported finding a woman in the area who was no longer on the tracks when they arrived around 1:50 p.m. There did not appear to be anyone injured in the incident. Station officials were required to contact Metrolink and shut down train traffic in the area while the situation was under investigation, which was ongoing as of about 2:05 p.m., he added. Metro Los Angeles’ social media accounts did not have any information regarding how the incident might impact service as of 2:10 p.m. Updates regarding service interruptions are regularly posted on X at: x.com/MetroAlerts.

Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters awayIn today’s Daily Dose of Social Media , we review the most notable activities and Entertainment from ATP and WTA players. Simona Halep surprised by training with Paula Badosa in Dubai, while Carlos Alcaraz and Ben Shelton stole the spotlight at Madison Square the previous night. On the other hand, Venus Williams was honored for her cultural impact at an event in Miami. SimonaHalep joins Paula Badosa in Dubai to prepare for the 2025 season SimonaHalep, former World No. 1, is training with Paula Badosa in Dubai as she aimsto regain consistency and regularity ahead of the upcoming season. After achallenging period in her career, the Romanian appears determined to return tothe level that earned her two Grand Slam titles. Thepre-season block alongside Badosa could be a pivotal step for Halep as sheseeks to rediscover her best form in time for the demanding Australian swing.For her part, the Catalan is more motivated than ever to climb the rankings andhas invited Halep to join her training sessions under the Dubai sun. “Very niceto see these photos from Simona and Paula Badosa after they had practicetogether in Dubai for their preseason training. The 2025 season is not that faraway!,” the Romanian Tennis X account posted, sharing images from Halep’sInstagram story. Very nice to see these photos from Simona and Paula Badosa after they had practice together in Dubai for their preseason training. The 2025 season is not that far away! pic.twitter.com/2A17tHRcwj EmmaNavarro defeats Jessica Pegula at Madison Square Garden The iconicMadison Square Garden hosted an exciting evening of tennis, featuring twoexhibition matches that brought together some of the most notable names on thecircuit. In the women’s showdown, Emma Navarro triumphed over Jessica Pegula ina tightly contested all-American clash, securing victory with scores of 7-6 and7-5. The matchunfolded in a relaxed atmosphere, typical of such events, allowing the playersto showcase their skills while engaging with the New York crowd. The closescoreline reflected the high level of both athletes, with points that keptspectators captivated throughout. A uniqueaspect of the evening was the interaction between Navarro and Pegula, whoshared a light-hearted interview after the first set, highlighting theircamaraderie and sense of humour. For Navarro, this win in such a legendaryvenue serves as a confidence boost as she continues to establish herself on thetour. Meanwhile, Pegula, currently world No. 7, enjoyed the challenge and thedistinctive vibe of the event, which brought fans together to celebratetop-tier tennis in a more casual format. “Craaazygetting to play @thegarden thanks @tennisnightout for having us, loved everysecond,” Pegula shared on social media after the match. Una publicación compartida de emma navarro (@emma_navarro48) Flourishing at Madison Square Garden Emma Navarro takes out fellow American Jess Pegula 7-6, 7-5! #TheGardenCup pic.twitter.com/FG2QuYQVKl CarlosAlcaraz shines at Madison Square Garden CarlosAlcaraz returned to the spotlight in New York, a city etched in his memoryfollowing his US Open victory in 2022. This time, the Spanish sensationshowcased his talent at The Garden Cup , a special exhibition that paidhomage to Madison Square Garden’s storied history with tennis, harking back toits days hosting the Masters Cup, now known as the ATP Finals. Alcarazfaced rising star Ben Shelton in a match that delivered excitement andthrilling moments. After dropping the first set 4-6, the Spaniard reboundedwith a commanding 6-2 performance in the second set and secured the win in asuper tie-break with a 7-4 scoreline. Despite thefriendly nature of the event and its relaxed format, the intensity of play andthe quality of the rallies captivated the crowd. Alcaraz’s ability to adapt andthrill in any setting reaffirmed his status as a fan favourite, while Sheltonimpressed with his energy and potential on one of tennis’s most iconic stages. “Greatnight at Madison Square Garden! It’s been amazing to play here! @tennisnightout Charlotte,” Carlos Alcaraz posted. “Lastnight @thegarden was a movie Thanks to everyone with @tennisnightout thatmade it happen. Hope I’ll be back again ” Dr. Carlos Alcaraz helping Ben Shelton at The Garden Cup Wait for it pic.twitter.com/kqlntpIxZw Worthy of applause. #TheGardenCup | @carlosalcaraz pic.twitter.com/4rcBTBc2dn Great night at Madison Square Garden! It’s been amazing to play here! @tennisnightout Charlotte Getty pic.twitter.com/gvrb1SrELw Una publicación compartida de Ben Shelton (@benshelton) Venus Williams honored by Cultured Magazine Seven-time Grand Slam champion Venus Williams was recently honored by Cultured magazine, which included her in its inaugural "Cult 100" list. This recognition celebrates influential individuals whose impact goes beyond their primary discipline. The magazine, known as the "leading voice for inspiration" at the crossroads of art, design, and style, acknowledges Williams not only for her tennis career but also for her significant contributions off the court. Venus Williams has demonstrated remarkable versatility beyond tennis. Recently, she launched her AI-based interior design firm, Palazzo, showcasing her passion for art and technology. Despite the challenges of venturing into a new field, Williams compares her perseverance in business to the resilience she showed in her tennis career, overcoming adversity and maintaining a competitive mindset. "I am so proud of my achievements on the court, but I take even greater pride in what I’ve accomplished beyond it," Williams stated. "Early on in my career, I utilized my platform to make a positive impact, whether through tennis or my design firm, V Starr. I like to think that my decisions to stand up for what’s right—and be an advocate for gender equity and women’s empowerment—has inspired the next generation." Una publicación compartida de Venus Williams (@venuswilliams) Coco Gauff defends Apple Music, calls out haters in playful rant Coco Gauff recently shared her thoughts on the ongoingdebate between Apple Music and Spotify, addressing what she perceives as anunfair bias against Apple Music. In a playful yet passionate statement, shedefended the music streaming service, highlighting its features that sheappreciates, such as top album and genre rankings, spatial audio, and detailedmonthly and yearly replay reports. Gauff expressed frustration with the strongreactions from Spotify users, who seem to take offense at seeing Apple Musicscreenshots. “why iseveryone an apple music hater?? we get to see our top albums, top genres, havespatial audio, andget a monthly replay report on top of the yearly one. I like spotify but thefan base can’t stand to see an apple music screenshot. you would think I killedtheir dog chile" why is everyone an apple music hater?? we get to see our top albums, top genres, have spatial audio, and get a monthly replay report on top of the yearly one. I like spotify but the fan base can’t stand to see an apple music screenshot. you would think I killed their dog chile This article first appeared on TennisUpToDate.com and was syndicated with permission.

McClatchy Completes Merger with accelerate360

What’s in store for Bitcoin in 2025?

Supreme Court seems likely to uphold Tennessee's ban on treatments for transgender minorsCollege Football Playoff & Bowl Game TV Schedule 2024Digital Sun and 11 bit studios are joining up again for a sequel for the hit indie game Moonlighter from 2018, returning players to the shopkeeping, dungeon-crawling, and action RPG combo experience. The announcement arrived during the PC Gaming Show Most Wanted 2024 broadcast. Catch the trailer above, which shows off the new upgrade to 3D graphics. Moonlighter 2 will put players back into the shoes of Will, the protagonist from the last game. He and his companions are stranded in the village of Tresna, set inside a mysterious new dimension. As usual, Will is tasked with building back up his shop for adventures and bringing the village back to its former glory. To stock up the shop, Will will be going on dungeon dives across various vaults in different dimensions filled with riches and fresh types of enemies. Anything he brings back can be sold at the shop (with plenty of haggling) for other adventurers to upgrade the local businesses of Tresna as well as Will's own gear and fantasy prowess for future endeavors. "The original Moonlighter was a pivotal moment for us, marking the growth of Digital Sun as a team," says Digital Sun CEO Javier Gimenez. "Five years on, showcases everything we’ve learned along the way. We’re channeling all our craftsmanship into creating a game that’s not just better, but brimming with even more charm in every detail" Here are some key features the developer Digital Sun pointed out: is out sometime in 2025 for PC, Xbox Series X|S, and PlayStation 5.

The U.S. government makes a major travel advisory change for China

SACRAMENTO, Calif.--(BUSINESS WIRE)--Dec 13, 2024-- McClatchy, a local news and information company, today announced the successful completion of its merger with accelerate360, a distribution, logistics, and media company. The new company will operate under the McClatchy Media Company (MMC) moniker. The new company combines McClatchy's essential local journalism, a360media’s engaging lifestyle and entertainment content, and accelerate360’s extensive retail distribution network. This merger establishes MMC as a dynamic digital publishing platform with high-quality, relevant content and an audience of 100 million unique visitors. “We are excited to bring together the strengths of McClatchy, a360media, and accelerate360,” said MMC CEO and Chairman Tony Hunter. “The combination creates many opportunities to leverage our digital platform at scale, provide additional original content offerings to consumers, and targeted audience access to our marketing partners. The vast distribution network and access to over 56,000 retail locations in North America add to the immense opportunities afforded by this merger.” Key highlights of the merger include: McClatchy Media Company's leadership team is comprised of the following executives: “We are pleased to complete this strategic merger of two highly complementary organizations and excited to have a terrific team of seasoned operating executives leading the newly formed McClatchy Media Company,” said Chatham Asset Management, the majority owner of MMC. About the McClatchy Media Company The McClatchy Media Company features a portfolio of vibrant and trusted news, lifestyle, entertainment brands and a robust retail distribution network. Our iconic local news brands such as the Miami Herald, The Kansas City Star and The Sacramento Bee, are complemented by popular lifestyle and entertainment brands such as Us Weekly and Woman’s World. Together, our brands reach more than 100 million unique visitors a month, The McClatchy Retail Network, our distribution and logistics arm, offers delivery to more than 56,000 retail locations weekly. View source version on businesswire.com : https://www.businesswire.com/news/home/20241212699457/en/ CONTACT: Julie Pendley jpendley@mcclatchy.com Website:www.mcclatchy.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: MARKETING DIGITAL MARKETING COMMUNICATIONS CONTENT MARKETING OTHER COMMUNICATIONS MEDIA PUBLISHING SOURCE: McClatchy Media Company Copyright Business Wire 2024. PUB: 12/13/2024 03:20 PM/DISC: 12/13/2024 03:22 PM http://www.businesswire.com/news/home/20241212699457/enUS stocks surge to records, shrugging off upheaval in South Korea, France

Hunter, Jeanty give Heisman ceremony a different vibe


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