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Hut 8 Mining Corp. mined 112 Bitcoins in October amid recent developments, including the merger with US Bitcoin Corp. The mining firm's output in the period was equal to a daily production rate of around 3.6 Bitcoins. During October, Hut 8 sold 365 Bitcoins for CAD$14.6 million. This translates to an average selling price of approximately CAD$39,980 per Bitcoin. As a result, Hut 8 maintains a significant Bitcoin reserve of 9,113, according to the statement released by the company yesterday (Monday). Hut 8 installed an ASIC hash rate capacity of 2.6 EH/s in its Alberta facilities by the end of October. According to the company, this resulted in a production rate of 43.1 BTC/EH. Hut 8 Expands Operations Besides that, during the period, Hut 8 secured approval from the Ontario Superior Court of Justice