HIVE
Blockchain Technologies Ltd., a publicly-listed company in the cryptocurrency
mining industry, has unveiled its unaudited Bitcoin (BTC) production statistics
for June 2023. The firm has mined 259 Bitcoin , leaving its current crypto
balance at approximately 1,957 as of 1 July.
HIVE’s
Bitcoin mining capacity averaged over 3.3 Exahash (EH/s) in June, including
ASIC and GPU hash rate.
In June,
HIVE produced 259 Bitcoin from both ASIC and GPU mining operations, averaging
76.6 Bitcoin per Exahash with an average hash rate of 3.38 EH/s. The company
produced an average of 8.6 BTC per day, ending the month with a 3.48 EH/s
mining capacity.
The result
is better than 2023’s average, but clearly lower than this year’s record of 304,6
BTC mined last month or 280 BTC mined in March.
Aydin
Kilic, the President & CEO of HIVE, acknowledged that the company’s ASIC
hash rate reached 3.4 EH/s in the first week of July, which is projected to
grow as the majority of the previously announced 1.26 EH/s of ASICs have been
dispatched and are currently being installed in data centers.
“We
expect to provide updates on our growing hash rate capacity as we work towards
our interim goal of 4 EH/s, and…
