HIVE Blockchain Technologies (HIVE.V) Stock Increases 46% Production By Buying 3,019 High Performance Bitcoin Miners

HIVE Blockchain Technologies (HIVE.V) stock, after fluctuating between C$2.9100 and C$2.8100 from June 22 to June 28, the price increased to C$3.7600 on July 2. However, the stock decreased to C$3.1000 on July 8 and slightly rose to C$3.1200 on July 12. Despite this, the price fell to C$2.7200 on July 12.
On July 12, HIVE Blockchain Technologies (HIVE.V) reported buying and instant hashing of 3019 dedicated computers for MicroBT WhatsMiner or “miners”. These new machines have a combined hash power of 264 petaches per second (PH / s). Inclusion of these miners into HIVE systems will take place immediately after closing and will add the overall operating hashsharite of HIVE bitcoins by approximately 46%.

In making of these 3019 MicroBT M30S miners HIVE’s combined operating hash speed climbed from about 566 PH / s to 830 PH / s. In the underlying issue complexity and price of bitcoins, these bought miners will bring additional daily earnings of $80,000. Bitcoin continues to have daily volatility of plus or minus 6%, and investors need to be aware of this volatility.

Richard McEntire

Finance and Entertainment Reporter Richard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.

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