HIVE Blockchain Technologies Ltd Stock News

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's rapid progress in Bitcoin mining expansion. Holmes shared that HIVE is significantly ahead of schedule, with expectations to reach 18 exahash by the end of August and 25 by US Thanksgiving.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 14 Exahash per second (EH/s) of Bitcoin mining hashrate across its operations in Canada, Sweden, and Paraguay. This milestone brings the company's current Bitcoin annual run rate for revenue to $315 million, with mining margins of approximately 55% after electricity costs, based on the current hashprice as tracked by ...

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) said it has surpassed 13 exahash per second (EH/s) in global Bitcoin mining capacity as it scales up operations at its hydro-cooled mining facility in Yguazú, Paraguay. The milestone comes as over 2 EH/s of Bitmain's next-generation S21+ Hydro ASIC miners went online in Phase 2 of the project.

Ethereum surged over 5% on Thursday to $3,432, leading gains in the cryptocurrency market as institutional interest in the blockchain platform intensified, reinforcing its status as a yield-generating digital asset. The world's second-largest cryptocurrency has jumped 36% in the past month to its highest level since January, outpacing Bitcoin, which traded flat at just above $118,000 after hitt...

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 12 Exahash per second (EH/s) of global Bitcoin mining hashrate, doubling from 6 EH/s at the start of the year, and has reached a $250 million annualized run rate revenue. The milestone follows rapid progress at the company's Yguazú, Paraguay development, where HIVE is constructing three hydro-powered data center campu...

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced an 18% month-over-month increase in Bitcoin production in June, mining 164 Bitcoin compared to 139 in May. The increased output was driven by progress at HIVE's 100 megawatt (MW) Phase 1 facility in Paraguay, the company said on Tuesday.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's strategic growth through its expansion into Paraguay and the scaling of its high-performance computing (HPC) capabilities. Holmes outlined how HIVE increased its electricity capacity from 100MW to over 300MW in Paraguay by acquiring Bitfarms' operation.