HIVE Digital Technologies Ltd. (HIVE) is pleased to announce its unaudited production results for August 2024. The Company successfully mined 112 Bitcoin, boosting its total Bitcoin holdings by 1%, bringing the balance to 2,533 BTC. HIVE also announced the acquisition of 1,000 Bitmain S21 Pro Antminers for immediate delivery to upgrade its existing suite of machines, enhancing overall mining efficiency and capacity. HIVE maintained an impressive average Bitcoin mining capacity of over 5.0 Exahash per second (“EH/s”) throughout the month, all while continuing its commitment to green energy by primarily sourcing hydroelectricity to power its data centers (all amounts in US dollars, unless otherwise indicated).
August 2024 Highlights:
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Production: Mined 112 Bitcoin in August 2024.
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Mining Capacity Maintained: Concluded the month with a 5.3 EH/s ASIC mining capacity, achieving a blended…
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