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Hive Digital Technologies CEO Aydin Kilic Shares August Bitcoin Production and Expansion Plans

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Manage episode 438522060 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Hive Digital Technologies CEO Aydin Kilic joined Steve Darling from Proactive to announce the company’s unaudited August production results. Hive successfully mined 112 Bitcoin, increasing its total Bitcoin holdings by 1%, bringing the total balance to 2,567 BTC. In addition, the company acquired 1,000 Bitmain S21 Pro Antminers, aiming to enhance its mining capacity and efficiency. Kilic noted that Hive maintained an average mining capacity of over 5.0 Exahash per second during the month. Hive continues to prioritize green energy, primarily utilizing hydroelectricity to power its data centers. The company plans to further optimize its operations over the next nine months by upgrading the remaining 30 J/TH ASICs, which is expected to boost its installed hashrate at existing facilities to 6.9 EH/s with a fleet efficiency of 19 TH/s. Kilic also reflected on the broader significance of Bitcoin in global markets, noting how recent U.S. political discussions about cryptocurrency highlight Bitcoin's growing recognition as an asset class. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #BitcoinMining #HiveDigital #CleanEnergyBitcoin #AydinKilic #CryptoMining #GreenEnergy #BitcoinGrowth #Exahash #DigitalAssets #CryptoNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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609 episodes

Artwork
iconShare
 
Manage episode 438522060 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Hive Digital Technologies CEO Aydin Kilic joined Steve Darling from Proactive to announce the company’s unaudited August production results. Hive successfully mined 112 Bitcoin, increasing its total Bitcoin holdings by 1%, bringing the total balance to 2,567 BTC. In addition, the company acquired 1,000 Bitmain S21 Pro Antminers, aiming to enhance its mining capacity and efficiency. Kilic noted that Hive maintained an average mining capacity of over 5.0 Exahash per second during the month. Hive continues to prioritize green energy, primarily utilizing hydroelectricity to power its data centers. The company plans to further optimize its operations over the next nine months by upgrading the remaining 30 J/TH ASICs, which is expected to boost its installed hashrate at existing facilities to 6.9 EH/s with a fleet efficiency of 19 TH/s. Kilic also reflected on the broader significance of Bitcoin in global markets, noting how recent U.S. political discussions about cryptocurrency highlight Bitcoin's growing recognition as an asset class. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #BitcoinMining #HiveDigital #CleanEnergyBitcoin #AydinKilic #CryptoMining #GreenEnergy #BitcoinGrowth #Exahash #DigitalAssets #CryptoNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
  continue reading

609 episodes

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