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HomeCryptocurrency NewsHive to Expand Bitcoin Mining Power With $60M Purchase – Mining Bitcoin...
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Hive to Expand Bitcoin Mining Power With $60M Purchase – Mining Bitcoin News | BinanX News

The investment is expected to help the company surpass $300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. Competition among miners intensifies as Bitcoin moves towards $100,000. Canada-based Bitcoin mining company Hive Digital Technologies (Nasdaq: HIVE) has purchased 13,480 mining units from Chinese manufacturer Bitmain with a call option of 13,480. […]

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