HIVE Digital hits 18 EH/s in Paraguay, producing 8 bitcoin/day from hydropower

Published 2 months ago Negative
HIVE Digital hits 18 EH/s in Paraguay, producing 8 bitcoin/day from hydropower
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* HIVE Digital Technologies (NASDAQ:HIVE [https://seekingalpha.com/symbol/HIVE]) has completed [https://seekingalpha.com/pr/20218580-hive-digital-technologies-completes-phase-2-of-its-yguazu-project-in-paraguay-reaching-18-eh] Phase 2 in Yguazú ahead of schedule and last week exceeded 18 Exahash per second of global Bitcoin mining capacity.
* The company rapidly eclipsed the 17 EH/s target, followed by the 18 EH/s target, signifying completion of Phase 2 in Yguazú, as the final ASICs were installed.
* HIVE has been mining over 8 Bitcoin per day globally since eclipsing the 17 EH/s target, and today is mining over 8.5 Bitcoin per day.

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