Express

Listed Company Hive Blockchain Double Its Hash Rate By Adding 1,240 Bitcoin Miners

Mary Liu

Summary: Hive Blockchain, a TSX.V-listed mining company, announced today that it has purchased and deployed 1,240 MicroBT WhatsMiner M30S Bitcoin miners, which has almost doubled the company's hash rate from 116 PH/s to 229 PH/s.  The total cost of the miners is approximately $3.4 million. Frank Holmes, Interim Executive Chairman of HIVE says: "The company’s vision is ...

Hive Blockchain, a TSX.V-listed mining company, announced today that it has purchased and deployed 1,240 MicroBT WhatsMiner M30S Bitcoin miners, which has almost doubled the company's hash rate from 116 PH/s to 229 PH/s. 

The total cost of the miners is approximately $3.4 million. Frank Holmes, Interim Executive Chairman of HIVE says: "The company’s vision is to achieve a total operating hash power of 1,000 PH/s within the next 12 months."

By Mary Liu

Last Update:

Tags: ,,,
Link: Listed Company Hive Blockchain Double Its Hash Rate By Adding 1,240 Bitcoin Miners   [Copy]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 5 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 6 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 13 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.