Hive Blockchain Orders Another 6,500 Bitcoin Mining Machines From Canaan


According to Coindesk, Hive Blockchain Technologies ordered another 6,500 Avalon bitcoin mining machines from manufacturer Canaan. The order comes after the Canadian company (NASDAQ: HIVE) bought 4,000 units in August and 6,400 in January. The latest purchase will push Hive’s bitcoin mining capacity to 2 exahash per second by December and 3 EH/s by March 2022, executive chairman Frank Holmes said in a statement. The company currently has about 1.2 EH/s.