HIVE Digital Technologies LTD CEO Aydin Kilic joined Steve Darling from Proactive to announce the company’s unaudited August production results. Hive successfully mined 112 Bitcoin, increasing its total Bitcoin holdings by 1%, bringing the total balance to 2,567 BTC. In addition, the company acquired 1,000 Bitmain S21 Pro Antminers, aiming to enhance its mining capacity and efficiency. Kilic noted that Hive maintained an average mining capacity of over 5.0 Exahash per second during the month. Watch at #Proactive #ProactiveInvestors http://ow.ly/Oujt105HTyv
Proactive’s Post
More Relevant Posts
-
Best Growth Stocks, a leading independent equity research firm, recently issued a comprehensive evaluation of Bitfarms Ltd. (NASDAQ: BITF), a global Bitcoin mining company that has caught investors' attention following an unsolicited takeover bid by Riot Blockchain. The analysis delves into Bitfarms' operations, the takeover bid, financials, share structure, chart setup, potential catalysts, and more. 'Bitfarms, founded in 2017, operates vertically integrated mining farms with in-house management and technical repair centers,' the report states. 'The company's proprietary data analytics system delivers best-in-class operational performance and uptime.' With 12 Bitcoin mining facilities across four countries, Bitfarms aims to utilize sustainable and underutilized energy infrastructure, primarily hydro-electric and long-term power contracts. Best Growth Stocks utilizes exclusive ai-assisted research to identify and report on promising growth stocks. The firm's CEO interviews provide investors with direct access to company leaders and market experts. #BitcoinMining #TakeoverBid #GrowthStocks @bestgrowthstocks @bitfarms @riotblockchain
To view or add a comment, sign in
-
Bitfarms Acquires 87,796 Miners Amid Halving Race Bitfarms, a Bitcoin miner recently acquired 87,796 new miners to boost output and efficiency ahead of the halving event. Bitfarms, a Bitcoin miner, has added 87,796 miners to increase output and efficiency before the halving event. Bitfarms revealed plans to expand their farm in the future, the hiring of additional miners, and a schedule for increased capacity this year in a social media post on X (formerly Twitter) on April 2. The announcement states that the acquisition is for increased […] Bitfarms Acquires 87,796 Miners Amid Halving Race #Bitcoin #BitcoinHalving #Bitcoinmining
Bitfarms Acquires 87,796 Miners Amid Halving Race
https://coinxposure.com
To view or add a comment, sign in
-
I had the pleasure of writing a deep dive on the Bitcoin Mining Industry and the $100B+ industry potential in this week’s Fintech Blueprint Amidst this growth, institutional ownership in #Bitcoin mining companies has surged, reflecting a broader acceptance of digital assets. The industry has witnessed a revival led by the introduction of 11 spot Bitcoin ETFs by players like BlackRock and Fidelity Investments, accruing $5.5B in net inflows in just six weeks 💸 🔥 The tides in TradFi are turning and the global macro has shifted investors' attention to digital assets as a part of asset allocation models. This resurgence is underscored by the performance of miners, with leading companies like Marathon Digital Holdings (NASDAQ: MARA), Bitfarms, CleanSpark outperforming Bitcoin returns by multiples as much as 3.6x. I dive into the key players and highlight key metrics to watch. Read more below 👇 (open to subscribers) https://lnkd.in/eDjJmAXD
Analysis: Discovering the Bitcoin Miner opportunity, as BTC passes $60,000
lex.substack.com
To view or add a comment, sign in
-
Leading crypto mining rig manufacturer Canaan has successfully secured over $50 million in financing through the issuance of preferred shares. The company, listed on Nasdaq, aims to strategically utilize the funds to boost its research and development capabilities, with a focus on innovation, and to expand its production scale. While Canaan has not disclosed the identity of the institutional investor behind this financing, the move signals a strong show of confidence in the company's potential and the cryptocurrency mining sector. Please follow merklepal for more tech updates #web3 #crypto #bitcoin #bitcoinmining #linkedin #linkedinforcreators
Canaan Raises $50 Million in Financing to Boost Production https://buff.ly/3UeIY3O #web3 #crypto #bitcoin
Canaan Raises $50 Million in Financing to Boost Production
merklepal.com
To view or add a comment, sign in
-
0% Difficulty Adjustment, Riot’s Hostile Takeover, Cantor’s $2B Loan Book, and MARA’s $100M HODL Bitcoin miners are making aggressive moves ahead of a perceived autumn Bitcoin bull market. Welcome back to The Mining Pod! Charlie, Will and Matt jump on the mic to discuss this week’s Bitcoin and Bitcoin mining news, including the largest Bitcoin mining difficulty adjustment since January 2023 at 10.5%, Riot Platforms, Inc. increasing pressure on Bitfarms for control over the latter company’s future, new ASIC models debuting at Bitcoin Nashville from Auradine and MicroBT, Cantor Fitzgerald rolling out a $2 billion book for Bitcoin companies and MARA's $100 million HODL position.
To view or add a comment, sign in
-
Host of the Bitcoin And . . . Podcast! News and commentary from around the Bitcoined World. bit.ly/BitcoinAndOniTunes
Financial Weaponry Episode 870 of Bitcoin And . . . is LIVE! Topics for today: - Trump on Corn - ETN's a Financial Weapon? - Silver Falls to the King - Porta Hardware Wallet - Wu Wu! A 4nm Mining Chip #Bitcoin #BitcoinAnd
Bitcoin And . . . - Financial Weaponry Ep870 - Listen on Fountain
fountain.fm
To view or add a comment, sign in
-
Chief Technology Officer at CodeTentacles Technologies | Blockchain Developer with Expertise in Solidity, React, and Node.js | Innovating in Decentralized Solutions
Luxor and Bitnomial Launch Innovative Bitcoin Mining Derivatives Product 🌟 by Cointelegraph 🌐 🌐 🌐 👁️ Explore CodeTentacles Technologies in depth by clicking on this link: https://lnkd.in/dPVhrPGe 💬 Don't hesitate to connect if you see potential for collaboration. 😄 Found this post interesting? ✅ Feel free to drop a comment, share it, and hit the like button! 🔔 Make sure to enable notifications at the top of my profile to stay updated with my content. 🚀 Follow and connect with me for more updates! #Bitcoin #CryptoDerivatives #Luxor #Bitnomial #CryptoInvesting #BitcoinMining #Hashrates #Hashprices #BlockchainTechnology #Cryptocurrency #Investing #FinancialInnovation #Codetentaclestechnology https://lnkd.in/g8eFRmQ5
Luxor and Bitnomial launch Bitcoin mining derivatives product
cointelegraph.com
To view or add a comment, sign in
-
📉 Bitfarms reported a sharp decline in revenue for May, leading to concerns about the future of $BITF stock. With the drop attributed to lower Bitcoin prices and increased competition, investors are questioning whether it's time to sell. Are you holding or folding on Bitfarms? 🤔 #Crypto #Bitfarms #Bitcoin #CryptoMining #Investing #CoinChapter 🔗 Read more 🔗
Bitfarms Revenue Drops Sharply in May — Is BITF Stock A Sell?
https://coinchapter.com
To view or add a comment, sign in
-
𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗺𝗶𝗻𝗶𝗻𝗴 𝗳𝗮𝗰𝗲𝗱 𝗮 𝘁𝗼𝘂𝗴𝗵 𝗝𝘂𝗹𝘆, 𝘄𝗶𝘁𝗵 𝗽𝗿𝗼𝗳𝗶𝘁𝘀 𝗱𝗶𝗽𝗽𝗶𝗻𝗴 𝗮𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻'𝘀 𝗽𝗿𝗶𝗰𝗲 𝗱𝗿𝗼𝗽𝗽𝗲𝗱 𝗯𝘆 𝗼𝘃𝗲𝗿 𝟲%, 𝗱𝗲𝘀𝗽𝗶𝘁𝗲 𝘁𝗵𝗲 𝗻𝗲𝘁𝘄𝗼𝗿𝗸'𝘀 𝗵𝗮𝘀𝗵𝗿𝗮𝘁𝗲 𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝘀𝘁𝗲𝗮𝗱𝘆. Marathon Digital, a leading miner, saw its stock target cut by Jefferies, though it still managed to produce 17% more Bitcoin than the previous month. But imagine if you could sidestep such market volatility altogether. ₿lockCity offers a novel way to do just that. With ₿lockCity, you can earn Bitcoin yields from a decentralized consensus PoX on Stacks by staking your idle Bitcoin directly from your own wallet, cutting out the middlemen. Even better, you can use your staked Bitcoin as collateral to borrow money instantly while earning yields, shielding yourself from market swings. This means you can secure reliable returns and access funds without selling your assets, turning your idle Bitcoin into a powerhouse of financial flexibility. Curious how this seamless blend of decentralized finance could reshape your investment strategy? Dive into ₿lockCity to discover a new dimension of Bitcoin’s potential.
To view or add a comment, sign in
-
M&A activity is set to pick up pace in the mining sector, with top tier PEVC investors leading the charge in investments and partnerships within the realm of bitcoin mining. Stay updated on this developing trend by reading the full story here: https://lnkd.in/gWzk3nHa #bitcoin #crypto #internetmoney #economy #PEVC #investments #partnerships #mergersacquisitions
Private Equity Giants Are Circling Bitcoin Miners on AI Allure
coindesk.com
To view or add a comment, sign in
22,210 followers