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HIVE Digital Technologies Hits Hashrate Milestone

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HIVE Digital Technologies Hits Hashrate Milestone

HIVE Digital Technologies (TSE:HIVE) has released an update.

HIVE Digital Technologies has achieved a significant milestone by reaching a 6 EH/s operational hashrate, marking a 47% growth from the previous year. This growth was driven by upgrading their Bitcoin mining fleet and securing competitive energy pricing in Sweden, enhancing efficiency and profitability. The company aims to further expand its global hashrate capacity to 15 EH/s by the end of 2025.

For further insights into TSE:HIVE stock, check out TipRanks’ Stock Analysis page.

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