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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

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