HIVE Digital Technologies ramps up bitcoin mining | 2023-12-07 | Investing News

Date:

  • HIVE Digital Technologies (TSXV:HIVE) has reported production figures for November 2023, having produced 276.3 bitcoin during the month
  • On average, the company produced 9.2. bitcoins per day
  • It also completed the acquisition of a data centre from Turis AB and the property on which it is located in Boden, Sweden
  • Shares of HIVE Digital Technologies are up 3.44 per cent to C$5.42 as of 11:09 am ET

HIVE Digital Technologies (TSXV:HIVE) has had busy month mining bitcoin in Sweden.

In a news release, the Vancouver-based company said it produced 276.3 bitcoin during November, with an average of 9.2 bitcoin produced per day – representing an increase of its October production of 265.9 bitcoin.

According to the company, its daily production of 9.2 bitcoins per day represents 66.7 bitcoins per exahash of mining capacity. The company ended the month with 4.18 exahashes per second of bitcoin mining capacity,…

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