Share this article
Hive to Increase Hashrate Almost 50% With 3,000 New Miners
Hive predicts the purchase will generate an additional $80,000 in daily income.
Updated May 9, 2023, 3:21 a.m. Published Jul 12, 2021, 9:44 a.m.
Cryptocurrency mining company Hive Blockchain has purchased 3,019 bitcoin miners, which it says will increase its operating hashrate by 46%.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The MicroBt WhatsMiner M30S machines have a combined hashrate of 264 PH/s, according to an announcement Monday.
- Hive predicts the purchase will generate an additional $80,000 in daily income.
- The miners were bought from Foundry Digital, a subsidiary of CoinDesk parent company Digital Currency Group, for an undisclosed amount of cash and 1.5 million warrants giving the right to acquire one common share for C$3.11 (US$2.49) for a period of two years.
- As part of the deal, Hive is joining the Foundry USA Pool, which also includes Hut 8, Blockcap and Bitfarms.
- Hive recently made a $66 million purchase of graphics processing units (GPUs), taking advantage of the recent drop in price due to the mining crackdown in China.
- The Canada-based firm began trading on Nasdaq at the start of this month in addition to its existing listing on the Toronto Stock Exchange.
Read more: Crypto Miner Hive Blockchain Sells Norwegian Unit After Country Removes Power Subsidy
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
Lo que debes saber:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
