HIVE To Achieve $300M In Revenue And 15 EH/S Mining Capacity With Acquisition Of Advanced Bitmain S21+ Hydro Chips

Hive Blockchain -6.13%

Hive Blockchain

HIVE

3.06

-6.13%

Frank Holmes, Executive Chairman of HIVE, stated: "Once fully deployed, our strategic expansion to 15 EH/s will propel HIVE to over $300 million in annualized revenue and deliver more than $200 million in mining margin, based on current mining economics. At 2% of the Bitcoin network's total hashrate, we expect to produce approximately 9 Bitcoin per day at the current difficulty level, supporting HIVE's clear vision for scaling our operations while sourcing green hydro energy and driving significant value for shareholders."

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