HIVE Blockchain produced 213.8 Bitcoin (BTC), earned $3.15 million along with the produced BTC, and put in 1,423 of its BuzzMiner BTC miners in December 2022, in keeping with the corporate’s replace.
HIVE’s Government Chairman, Frank Holmes, commented on the corporate’s manufacturing in December and stated:
“We’re very comfortable to be producing over 213 Bitcoin this month, whereas additionally incomes over USD $3 million this month from our grid balancing and power sale initiatives.”
The replace disclosed that 212 BTC was produced from HIVE’s ASIC mining operations, whereas a further 1.4 BTC was mined by its GPUs all through the month. The numbers point out a median of 113.2 BTC per Exahash and a median of 6.9 BTC manufacturing per day.
Through the 12 months of 2022, HIVE mined 3,146 BTC and 1,606 BTC value of different digital property, calculated by the BTC worth on Jan. 9, which lingers round $17,251. This quantity signifies an 18% year-over-year enhance in digital property mined by HIVE. The corporate had mined 4.032 BTC value of digital property in 2021.
HIVE Miners
In response to the announcement, HIVE took benefit of the falling costs of mining gear and purchased 3,570 Bitmain S19j Professional rigs in December 2022. The brand new rigs arrived within the final week of December, and the corporate put in round 2,050 of them. The remaining rigs are estimated to be put in by Jan. 13.
Along with buying new mining rigs, HIVE additionally deployed its personal ASIC BTC miner system known as HIVE BuzzMiner. The BuzzMiners are developed in partnership with Intel Blocksale, with a complete manufacturing amount of 5,800. Of this, HIVE obtained and put in 1,423 new BuzzMiners in December 2022. The announcement declared that these new rigs would change HIVE’s older ASIC and GPU methods within the close to future.
