HIVE Mining Company Aims to Double Production Capacity to 6 EH/s by Year-End
Mining company HIVE said it plans to reach 4 EH/s production capacity by the end of this year and then increase it to 6 EH/s. That's almost double the firm's current capacity. HIVE explained that the company plans to achieve this goal by using a new batch of next-generati ...
Miner’s Financial Struggles in 2022 Due to BTC Depreciation
The firm attributed this to the depreciation of BTC The company only stayed afloat because of the agreement with Galaxy Digital In Q1 2023 a miner was mining an average of 5.5 BTC per day Last year was difficult for exchanges, lenders and miners alike ...