HIVE Digital July 2024 Bitcoin Production: HODL +2% To 2,533 Bitcoins On Monthly Basis, Mined 116 Bitcoin, Ended July With 4.9 EH/S ASIC Mining Capacity
Portfolio Pulse from Benzinga Newsdesk
HIVE Digital reported its July 2024 Bitcoin production, mining 116 BTC and increasing its HODL position by 2% to 2,533 BTC. The company maintained a 4.9 EH/s ASIC mining capacity and achieved an average of 24.6 BTC per Exahash. HIVE's Bitcoin HODL value is over $164 million.
August 02, 2024 | 6:50 am
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HIVE Digital mined 116 BTC in July 2024, increasing its HODL position by 2% to 2,533 BTC. The company maintained a 4.9 EH/s ASIC mining capacity and achieved an average of 24.6 BTC per Exahash. HIVE's Bitcoin HODL value is over $164 million.
HIVE Digital's increase in Bitcoin production and HODL position, along with maintaining a high mining capacity, indicates strong operational performance. This is likely to positively impact the stock price in the short term as it showcases the company's growth and efficiency in the crypto mining sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100