● . July 22, 2024 1:00 AM EDT | Source: HIVE Digital Technologies Ltd. Frank Holmes, HIVE's Executive Chairman stated: "We are thrilled to announce our plan for a 100 MW project in Paraguay, utilizing green and clean energy sourced from the Itaipu hydroelectric dam. This potential opportunity is expected to add up to an additional 6.5 Exahash per second (EH/s) to our Bitcoin mining operations, increasing our global EH/s to 12.1 EH/s. This represents a significant milestone in our diversified growth strategy ...

During the conversation, Holmes shared insights on the global impact of Bitcoin, especially in regions like Africa where digital transactions are prevalent. He highlighted Bitcoin's role in democratizing finance and empowering individuals to manage their wealth independently of traditional banks. We immediately started putting Ethereum and then Bitcoin on our balance sheet. Today, we don't have Ethereum on our balance sheet, but we do have Bitcoin, and we've grown it by 2% month over month. Now, I think we' ...

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● | --- | --- | |-------------------------------------------------|-------| | | | | HIVE Achieves Annual Revenue of $114.5 Million, | | | Adjusted EBITDA of $37.5 Million with 2,287 | | | Bitcoin on the Balance Sheet and Mined 3,123 | | | Bitcoin for the Year Ended March 31, 2024 | | Revenue from digital currency mining was $111.0 million this fiscal year, in addition to the Company's HPC operations, resulting in a gross operating margin1 of $40.3 million, or a 36% operating margin. The Company's SG&A for t ...

. June 24, 2024 6:00 AM EDT | Source: HIVE Digital Technologies Ltd. About HIVE Digital Technologies Ltd. Competitive Advantage: We believe this environmentally conscious approach sets HIVE apart from competitors and aligns with evolving investor preferences. HIVE's unique value proposition encompasses efficient operations, a proven agile management team, financial strength, environmental sustainability, and innovative expansion strategies. Beyond Bitcoin mining, HIVE is firmly part of the global boom in da ...

● ● . | --- | --- | |--------------------------------------------------|-------| | | | | HIVE Digital Technologies to Release Fiscal Year | | | 2024 Financial and Operational Results and | | | Webcast on June 25, 2024 | | June 24, 2024 1:00 AM EDT | Source: HIVE Digital Technologies Ltd. Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a pioneer in green energy-powered blockchain infrastructure, i ...

Highlighting the company's performance in May 2024, Holmes discussed Hive's achievement of mining 119 Bitcoin during the month, marking a 3% increase in its Bitcoin holdings to a total of 2,451 BTC. Proactive: There's exciting news from the company regarding your production last month. With significant concerns surrounding the 'halving', let's start there. People are wondering how companies will respond to this, and it seems your company has performed admirably. Could you elaborate on that? Could you explai ...

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About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

After Friday’s “halving” event, which cut Bitcoin (BTC-USD) block rewards from 6.25 bitcoins to 3.125 bitcoins, miners are even more important to the cryptocurrency ecosystem.The three miners we’ll explore are looking to improve their efficiency by updating their all-in sustaining costs (AISCs) and optimizing their firmware; they also come with upside potential going up to 127%. Under the new reward system, raising the hash rate per unit of energy can increase your profits.Due to the lower profit margin, bi ...