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HIVE Digital July 2024 Bitcoin Production: HODL +2% To 2,533 Bitcoins On Monthly Basis, Mined 116 Bitcoin, Ended July With 4.9 EH/S ASIC Mining Capacity

Benzinga ·  Aug 2 02:50

July 2024 Highlights:

  • Production: Mined 116 Bitcoin in July 2024.
  • Mining Capacity Maintained: Ended July with a 4.9 EH/s ASIC mining capacity.
  • HODL Position: Increased to 2,533 BTC, a 2% increase from the prior month.
  • Mining Efficiency: Achieved an average of 24.6 Bitcoin per Exahash, ending the month of July with 4.9 EH/s, with an average hashrate of 4.7 EH/s throughout July.
  • Daily Production: The company averaged 3.7 BTC per day, showcasing operational efficiency and robust mining capabilities.

Strategic HODL Increase:

The Company notes that with a Bitcoin HODL value of over $164 million as of July 31, 2024, its enterprise value looks very attractive compared to its peers.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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