This new order follows the two recent purchases of 4,000 and 6,400 Canaan's Avalon miners units in August and January. HIVE Blockchain ordered 6,500 bitcoin mining machines from Chinese maker Canaan.

Bitcoin mining firm HIVE has announced a purchase of 3,019 rigs to increase its hash rate by 46%, and will be joining Foundry USA Pool. Bitcoin mining company HIVE Blockchain has announced a purchase ...

(NASDAQ:HIVE) for Avalon A1566 mining machines. Under the agreement, Canaan Creative Global will supply HIVE with 6,500 ...

"Investors should have 3% in bitcoin or bitcoin mining companies like Hive," he stated. Highlighting Hive's innovative approach, Holmes added, "We were the first to balance the grid and create our ...

This milestone was driven by upgrading its Bitcoin mining fleet with advanced Avalon machines from Canaan Inc., enhancing both efficiency and capacity. HIVE Digital secured highly competitive ...