hive – DIGIT INFO

Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp

DIGIT — Sat, 16 Nov 2024 05:30:50 +0000

Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down on Paraguayan Mining Bet, Announces […]

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Hive Digital expands focus from crypto mining to AI data centers

DIGIT — Mon, 30 Sep 2024 20:42:40 +0000

Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin.

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Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo

DIGIT — Mon, 02 Sep 2024 17:44:49 +0000

Mining revenues hit 12-month lows in August, according to Bitbo.

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Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil

DIGIT — Fri, 26 Jul 2024 04:30:19 +0000

Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion and completion of these plans, likely referring […]

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Chip Giant Intel Abandons Bitcoin ASIC Production

DIGIT — Wed, 19 Apr 2023 10:00:34 +0000

After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]

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Hive Ransomware Network Dismantled by American, European Law Enforcement

DIGIT — Fri, 27 Jan 2023 21:30:31 +0000

Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple of years, often extorting payments in cryptocurrency. Captured Decryption Keys […]

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100%: Public Bitcoin miners sold almost everything they mined in 2022

DIGIT — Wed, 28 Dec 2022 02:38:28 +0000

Public Bitcoin miners sold off nearly everything they mined in 2022 but appear to have started accumulating reserves once again in what some hope is a bullish signal.

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Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy

DIGIT — Fri, 11 Nov 2022 18:42:13 +0000

Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy with BTC price slipping below its June lows again.

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Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

DIGIT — Tue, 06 Sep 2022 20:30:42 +0000

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s […]

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Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies

DIGIT — Wed, 06 Apr 2022 19:30:15 +0000

According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly 19% today, up 3% since January 2021. Publicly Listed Bitcoin Miners Continue to Grow, […]

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