HIVE Buys 3,019 New Bitcoin Mining Rigs, Joins Foundry USA Pool
Bitcoin mining firm HIVE has announced a purchase of 3,019 rigs to increase its hash rate by 46%, and will be joining Foundry USA Pool.Bitcoin mining company HIVE Blockchain has announced a purchase of 3,019 MicroBT WhatsMiner M30S mining rigs, with the ability to increase its hashing power by nearly 46%. The rigs are being purchased from Foundry Digital and are already onsite at HIVE’s facilities.“We are pleased to be executing on a transaction that dramatically increases our mining capacity without any logistics delays,” said Frank Holmes, executive chairman of HIVE, in the announcement.....
Related News
On Tuesday, the firm Hut 8 Mining Corp., announced that it is joining the Foundry U.S.-based bitcoin mining pool. The publicly-listed mining company said that it added 14,400 machines to Foundry’s mining operation and it also plans to deploy another 5,000 miners by August. Hut 8 Joins Foundry’s US Pool and Adds 14,400 Bitcoin Mining Rigs With Close to an Exahash of Hashpower The Toronto-based company Hut 8 (TSX: HUT) has revealed the firm is joining the U.S. mining pool invoked by the firm Foundry Digital LLC. Foundry is a wholly-owned subsidiary of Digital Currency Group....
Hive aims to take advantage of the east-to-west shift in Bitcoin mining power after regulators in China have renewed efforts to crack down on the industry. Following its approval for a Nasdaq listing, Canadian Hive Blockchain Technologies has bought more than 3,000 Bitcoin (BTC) mining rigs to get involved in the Bitcoin mining shift from east to west.Purchased from Digital Currency Group (DCG) subsidiary Foundry Digital LLC, the 3,019 MicroBT M30S miners acquired as part of the deal are already located at Hive’s facilities in Lachute, Quebec and Grand Falls, New Brunswick. Foundry will be....
Bitcoin miner Greenidge has partnered with Foundry Digital to buy 2,300 WhatsMiners and finance 6,000 Antminers, plus join Foundry USA Pool.
As one of North America’s largest institutional bitcoin mining operations, Hut 8 is bringing 14,400 mining rigs to the U.S.-based pool.
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer M30S ASIC mining machines. Bitfarms Partners With Foundry’s US Operations At the end of March, the mining company Hut 8 explained that the bitcoin mining operation was joining Foundry’s U.S. mining pool. At the time, Hut 8’s CEO Jaime Leverton explained that “having a....