Cryptocurrencies

    HIVE Digital expands operations with Swedish data center acquisition

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    HIVE Digital Technologies Ltd. announced significant progress in Bitcoin production for November 2023, with a total of 276.3 Bitcoin mined, averaging 66.7 Bitcoin per exahash.

    The company's mining capacity reached 4.18 EH/s, a 5.4% monthly increase, with a monthly average hashrate of 4.14 EH/s, up 5.2% from October.

    HIVE's Bitcoin holding position decreased to 1,627 BTC, attributed to investments in new ASIC chips aimed at enhancing future growth and efficiency.

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