Crypto Updates

HIVE Ramps Up Bitcoin Mining, Hits 276 BTC in November

bitcoin btc mining

HIVE
Digital Technologies, a cryptocurrency mining and data center operator, has announced
its Bitcoin (BTC) production from November and data center acquisition details.
According to the latest numbers, the company mined 276.3 BTC last month, rising
from October’s dip of 265.9 BTC.

HIVE Provides Bitcoin
Mining Update

The company’s
latest mining numbers equate to an average of 9.2 bitcoins per day or 66.7
bitcoins per exahash of mining capacity. HIVE ended November with 4.18
exahashes per second of Bitcoin mining capacity, representing a monthly
increase
of 5.4%.

“The
Company’s HODL position at the end of November 2023 was 1,627 BTC,” HIVE
commented in the official press release. “Our HODL position is down from
last quarter because HIVE has been investing in new ASIC chips for our future
growth and efficiency.”

Furthermore,
the company has announced the recent acquisition of Bitmain S19k Pro
miners, each boasting an efficiency of 23 J/TH.

HIVE’s New Data Center

HIVE also acquired
a data center
facility in Boden, Sweden, to…

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