Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From C...
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an Order for 6,500 Avalon Miners This week the Nasdaq-listed Hive Blockchain (Nasdaq:HIVE) and Canaan (Nasdaq: CAN) announced that Hive secured a follow-on purchase order for 6,500 Avalon miners from Canaan. According to the....
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Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will increase to an estimated 1,229 PH/s, well beyond the company’s original cumulative hash rate target of 1,000 PH/s for 2021. ● In a statement this week, Hive said the equipment will be delivered in eight tranches in 2021, with 500 miners delivered in May and June, and 900 miners....
Public Canadian mining firm HIVE Blockchain has announced an order of 4,000 Bitcoin mining machines.
This new order from by HIVE follows the two recent purchases of 4,000 and 6,400 Canaan's Avalon miners units in August and January.
HIVE Blockchain Ordered 1,800 New Bitcoin Miners From Bitmain Technologies.
Hive's Ethereum mining operations have historically generated three to four times more revenue per megawatt than Bitcoin mining, the firm said. Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS.The Canadian crypto mining firm has been analyzing options for mining with its GPU stash ahead of the Ethereum Merge, Hive said in its latest production update on Tuesday.According to the update, Hive started implementing beta-testing of various GPU-mineable coins this....