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HIVE Blockchain Applied sciences (NASDAQ:HIVE) shares gained round 5% throughout prolonged buying and selling after the cryptocurrency mining firm reported 268.9 bitcoin (BTC-USD) have been produced from ASIC mining operations in September 2022 (in comparison with 290.4 produced in August 2022).
The firm achieved 2.28 exahash of bitcoin mining capability on the finish of the month, with a median hashrate of two.21 exahash of bitcoin mining capability in the course of the month from ASIC mining operations.
Whole bitcoin equal manufacturing in Sep stood at 396.3 (in comparison with 518.8 BTC equal produced in Aug).
HIVE produced a median of 13.2 bitcoin equal per day, comprised of ~9.0 BTC per day and GPU manufacturing of ~4.2 Bitcoin per day.
Moreover, a complete of 1,394 ETH have been produced within the month (in comparison with 3,010 ETH produced in Aug), with 6.59 terahash common of Ethereum mining capability in the course of the month.
As of Sep 30, 2022, the corporate had BTC HODL stability of three,350 Bitcoin and 356 Ethereum.
Present bitcoin manufacturing: As of October 11, HIVE is producing a median of over 10 bitcoin (BTC-USD) per day from ASIC and GPU manufacturing. It’s anticipated to obtain ~140 PH/s of latest era MicroBT ASICs, primarily M30S++ fashions within the coming month which can assist improve its ASIC hashrate to ~2.44 exahash throughout October as soon as put in.
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