.hut8mining blamed power shortages and power-surge-induced hardware failures for delays in fixing damaged crypto mining equipment. sheldonreback reports.
“Progress in bringing the equipment back online has been slower than expected given frequent curtailments and hardware failures due to power surges,” the Toronto-based company said on Friday. “As individual miner hashboards are repaired and re-installed, other hashboards are failing and require repair, which is impairing our hashrate and production.”
The company, which is in the process of merging with U.S. Bitcoin Corp., said last month that the site was
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