Cryptocurrency mining company Hive Blockchain has purchased 3,019 bitcoin miners, which it says will increase its operating hashrate by 46%.
- The MicroBt WhatsMiner M30S machines have a combined hashrate of 264 PH/s, an announcement Monday said.
- Hive predicts that the purchase will generate an additional $80,000 in daily income.
- The miners were bought from Foundry Digital LLC, a subsidiary of CoinDesk’s parent company Digital Currency Group.
- Hive recently made a $66 million purchase of graphics processing units (GPUs), taking advantage of the recent drop in price due to the mining crackdown in China.
- The Canada-based firm currently trades on the Toronto Stock Exchange and last month announced the approval to list its shares on Nasdaq.
Source: Coindesk
