jain.com

Fleet upgrade to lift hashrate to ~9.3 EH/s and efficiency to 19.9 J/TH in Q1 2025

Company: Hut 8

Subject kind
guidance
Statement date
2024-11-12
Promised by
2025-03-31
Promised amount
66.0 percent
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No passage reports Hut 8's self-mining hashrate or fleet efficiency for Q1 2025 or later, so the ~9.3 EH/s and 19.9 J/TH targets cannot be checked.

Checked October 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Hut 8 expects the fleet upgrade to raise self-mining hashrate by 66% (about 3.7 EH/s) to roughly 9.3 EH/s and to improve average fleet efficiency by 37%, from 31.7 to 19.9 J/TH, in Q1 2025.

Source (primary)

hut-8 8-K exhibit (hut-20241113xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “improve our average fleet efficiency by 37% to 19.9 J/TH and increase our self-mining hashrate by 66% to ~9.3 EH/s in the first quarter of 2025”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms hut-8 8-K exhibit (hut-20241113xex99d1.htm)

Quote: “improve our average fleet efficiency by 37% to 19.9 J/TH and increase our self-mining hashrate by 66% to ~9.3 EH/s in the first quarter of 2025”

View cached copy (2026-10-25)Live source ↗

Record of changes

October 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 25, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.