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HIVE Blockchain Orders 1,800 More Bitcoin Miners
Bitcoin News now admin /

Today publicly traded HIVE Blockchain announced that it has ordered 1,800 new bitcoin miners from Bitmain Technologies.

The deal is the first to emerge from HIVE’s new partnership with Bitmain. The machines will be delivered in 2022 in 6 tranches of 300 miners each.

The new S19j Pro miners have an aggregate hash power of 180 petahash per second. HIVE also announced its goal of reaching 1 exahash of Bitcoin mining power by the end of August.

The announcement today comes just weeks after HIVE announced it had purchased over 10,000 bitcoin miners this year. The renewable energy mining company’s strategy is to use cash flow to make opportunistic investments into BTC mining equipment on a monthly basis.