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Hive Blockchain Boosts Capacity With 1,800 Antminer Order

The Antminer S19j Pro machines will be delivered in stages during the first half of next year.

Updated Sep 14, 2021, 1:39 p.m. Published Aug 13, 2021, 11:58 a.m.
Bitmain Antminer
Bitmain Antminer

Hive Blockchain, a publicly listed crypto mining company, said it ordered 1,800 mining machines from Bitmain Technologies for delivery next year.

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  • The Vancouver, Canada-based company did not provide a price for the purchase.
  • The Antminer S19j Pro machines will be delivered in stages during the first half, and will add a total hash power of 180 PH/s.
  • Earlier this month, the company ordered 4,000 miners from Canaan. Those machines, scheduled be delivered by the end of September, will add an aggregate hash power of 272 PH/s.
  • Hive Blockchain has data centers in its native Canada as well as in Sweden and Iceland and is traded on Nasdaq, the Toronto Stock Exchange and the Frankfurt Stock Exchange.

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Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Bitcoin, ether extend declines as leverage unwind accelerates: Crypto Markets Today

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Crypto markets fell further overnight as bitcoin and ether extended losses, metals tumbled and liquidation pressure hit leveraged traders across derivatives markets.

What to know:

  • Bitcoin and ether extended declines as the crypto market compounded Thursday's selloff.
  • Silver and gold also fell, adding to broader market weakness alongside a firmer dollar.
  • Crypto liquidations hit $1.8 billion, while bitcoin dominance slipped as traders rotated into riskier altcoins.