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Hut 8 Mining Corp. mined 103 Bitcoin in August 2023, resulting in an average production rate of 3.3 Bitcoin per day. Hut 8’s total balance of Bitcoin in reserve was 9,255 on August 31, with 7,158 of it being unencumbered. Repair and restoration efforts at the Drumheller, Alberta site continued, and the team utilized mutually beneficial terms in the Electric Service Agreement covering its Medicine Hat site. Hut 8 High Performance Computing completed upgrades at its Kelowna data centre in early August.