Frank Holmes, HIVE’s executive chairman, commented on the development, stating that the deal is anticipated to increase the firm’s Bitcoin mining operations by “additional 6.5 Exahash per second” (EH/s), elevating its global resources to 12.1 EH/s. In June, the company successfully mined a total of 119 BTC, maintaining its performance level from May. Following this announcement, HIVE Digital’s shares (HIVE) experienced a surge of more than 13% on Nasdaq, reaching $4.15 based on data from Google Finance.
HIVE Digital’s 100MW center in Paraguay to double crypto miner revenue
