HIVE Digital Technologies Ltd. (HIVE)
HIVE Digital keeps up mining pace, with 2150 new machines arriving this month
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported a 2% increase in its bitcoin holdings after mining 119 of the digital coins in June and said it was expecting its order of new miners to arrive and be installed by the end of the month. The green energy-powered blockchain specialist said it had a total of 2,496 bitcoin on its balance sheet, up from 2,377 at the end of the prior month.
Hive Digital Technologies executive Frank Holmes talks profitability post Bitcoin halving
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has made significant strides in the cryptocurrency mining sector, as executive chairman Frank Holmes recently shared in an exclusive interview with Proactive. Highlighting the company's performance in May 2024, Holmes discussed Hive's achievement of mining 119 Bitcoin during the month, marking a 3% increase in its Bitcoin holdings to a total of 2,451 BTC.
HIVE Digital Technologies “remained resilient” though Bitcoin halving, reports May mining results
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chair Frank Holmes told investors the company had successfully navigated the recent ‘Bitcoin Halving' event, which was its second. The ‘halving' is a hard-coded feature of Bitcoin that occurs approximately every four years (strictly speaking it happens after every 210,000 new bitcoin blocks are created).
