- HIVE Digital Technologies is upgrading 1,000 miners to the Bitmain S21 Antminer, representing 200 petahash per second (PH/s) of Bitcoin mining capacity
- The move is intended to enable production flexibility during the upcoming Bitcoin halving and through the rest of 2024
- HIVE Digital Technologies, formerly HIVE Blockchain, is a Bitcoin miner and high-performance computing provider
- HIVE stock has added 40.10 per cent year-over-year and 104.44 per cent since 2019
HIVE Digital Technologies (TSXV:HIVE) is upgrading 1,000 miners to the Bitmain S21 Antminer, representing 200 petahash per second (PH/s) of Bitcoin mining capacity.
The S21 is the most efficient among Bitmain Bitcoin mining ASIC systems, boasting 17.5 joules per terahash (J/TH), allowing the company to increase its target exahash from 5.3 EH/s to 5.5 EH/s by the end of June 2024.
HIVE is improving its costs through the new miners, which add to the
