# EDGAR Filing Document

**Accession Number:** 0001731805
**File Stem:** 0001279569-23-000007
**Filing Date:** 2023-1
**Character Count:** 10952
**Document Hash:** 2bcabcc323ed27906ce9b92247b13e55
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001279569-23-000007.hdr.sgml**: 20230106

**ACCESSION NUMBER**: 0001279569-23-000007

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230106

**FILED AS OF DATE**: 20230106

**DATE AS OF CHANGE**: 20230106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HUT 8 MINING CORP.
- **CENTRAL INDEX KEY:** 0001731805
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40487
- **FILM NUMBER:** 23514227

**BUSINESS ADDRESS:**
- **STREET 1:** 24 DUNCAN STREET
- **STREET 2:** SUITE 500
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5V 2B8
- **BUSINESS PHONE:** 647-256-1992

**MAIL ADDRESS:**
- **STREET 1:** 24 DUNCAN STREET
- **STREET 2:** SUITE 500
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5V 2B8

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of January, 2023**

**Commission File Number: 001-40487**

**HUT 8 MINING CORP.**

(Exact Name of Registrant as Specified in Its Charter)

**24 Duncan Street, Suite 500, Toronto, Ontario, M5V 2B8**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ¨ Form 40-F x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ◻

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ◻

**Exhibit**

Exhibit No. Description <br>[99.1](ex991.htm) [Press Release of Hut 8 Mining Corp. dated January 6, 2023](ex991.htm)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| **HUT 8 MINING CORP.** | **HUT 8 MINING CORP.** | **HUT 8 MINING CORP.** |
| By: | /s/ Jaime Leverton | /s/ Jaime Leverton |
|  | Name: | Jaime Leverton |
|  | Title: | Chief Executive Officer |

---

Date: January 6, 2023

## Exhibit 99.1

**EXHIBIT 99.1**

**Hut 8 Mining Production and Operations Update for December 2022**

 ***161 Bitcoin mined in December***

***3,568 Bitcoin mined throughout 2022***

***100% of Bitcoin mined added to balance sheet, increasing reserves by 65% in 2022 to 9,086 BTC***

TORONTO, Jan. 6, 2023 /CNW/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 161 in the period ending December 31, bringing our total self-mined holdings to 9,086 Bitcoin.

**Production highlights for December 2022:**

&nbsp;&nbsp;&nbsp;&nbsp;• 161 Bitcoin were generated, resulting in an average production
rate of approximately 5.2 Bitcoin per day

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Unusually high energy prices led Hut 8 to curtail production
and sell power back to the provider

&nbsp;&nbsp;&nbsp;&nbsp;• Keeping with our longstanding HODL strategy, 100% of the
self-mined Bitcoin in December were deposited into custody

&nbsp;&nbsp;&nbsp;&nbsp;• Total Bitcoin balance held in reserve as of December 31 is
9,086 - a 65% increase over the balance at the end of 2021

&nbsp;&nbsp;&nbsp;&nbsp;• Installed ASIC hashrate capacity at Hut 8's Alberta facilities
was 2.5 EH/s at the end of the month

&nbsp;&nbsp;&nbsp;&nbsp;• Hut 8 produced 64.4 BTC/EH in December

**Operational highlights:**

&nbsp;&nbsp;&nbsp;&nbsp;• While operations in North Bay remain suspended, as previously
announced, Hut 8 is continuing to explore alternatives to mitigate the impact of the dispute with the third-party energy supplier to the
site, including through organic and inorganic growth opportunities

&nbsp;&nbsp;&nbsp;&nbsp;• We welcomed new CFO Shenif Visram to the Hut 8 leadership
team in mid-December

"I am proud of the team's collective and continued grit and perseverance through headwinds that built up in late Q4 2022," said Jaime Leverton, CEO. "In spite of challenging market forces, we continued growing the largest unencumbered, self-mined Bitcoin stack of any publicly traded company, welcomed our new CFO Shenif Visram, and our balance sheet first approach has us well positioned in 2023."

**About Hut 8**

**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 the Company 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 Company's businesses, 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. In addition, any statements in this press release that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information and include, among others, statements regarding: Bitcoin network dynamics; the Company's ability to advance its longstanding HODL strategy; the Company's ability to produce additional Bitcoin and maintain existing rates of productivity at all sites; the Company's ability to deploy additional miners; the Company's ability to continue mining digital assets efficiently; the Company's expected recurring revenue and growth rate from its high performance computing business; and the Company's ability to successfully navigate the current market.

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 the Company's mining sites, and other risks related to the digital asset and data centre business. For a complete list of the factors that could affect the Company, please see the "Risk Factors" section of the Company's Annual Information Form dated March 17, 2022, and Hut 8's other continuous disclosure documents which are available on the Company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com and on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov.

These factors are not intended to represent a complete list of the factors that could affect Hut 8; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected or targeted and such forward-looking statements included in this press release should not be unduly relied upon. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Hut 8's future decisions and actions will depend on management's assessment of all information at the relevant time. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hut-8-mining-production-and-operations-update-for-december-2022-301715151.html

SOURCE Hut 8 Mining Corp

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January 2023/06/c4037.html

%CIK: 0001731805

**For further information:** Hut 8 Investor Relations: Sue Ennis, sue@hut8mining.com; Hut 8 Media Relations: Yamini Coen, yamini.coen@hut8mining.com

CO: Hut 8 Mining Corp

CNW 06:30e 06-JAN-23