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Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in TexasOn March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive said the company plans to deploy 100 MW of […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan

Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From CanaanOn October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs