HIVE Digital Technologies mined 112 Bitcoin, increased holdings to 2,533 BTC, and acquired 1,000 miners.
From Investing.com
September 5, 2024 6:15am:
HIVE Digital Technologies Ltd. (HIVE) announced its unaudited production results for August 2024, mining 112 Bitcoin to increase total holdings to 2,533 BTC. The company also acquired 1,000 Bitmain S21 Pro Antminers to boost efficiency. HIVE maintained a 5.0 Exahash per second mining capacity while focusing on green energy sources like hydroelectricity.
Key Highlights for August 2024: HIVE mined 112 Bitcoin, maintained a 5.3 EH/s ASIC mining capacity, and increased Bitcoin holdings to 2,533 BTC. The company achieved an average of 22.4 Bitcoin per Exahash with an average daily production of 3.6 BTC, highlighting operational efficiency and robust mining capabilities.
Executive Insights from HIVE leadership reveal a focus on maximizing cash flow return on capital and maintaining a lean operation. Future plans include upgrading fleet performance to reach a target hashrate of 13.5 EH/s with increased efficiency. HIVE’s commitment to green energy remains a priority in powering data centers for continued growth and sustainability.
Read more at Investing.com: HIVE Digital Technologies Reports August 2024 Production of 112 Bitcoin and 1% HODL Growth to 2,533 Bitcoins, Acquires 1,000 Bitmain S21 Pro