“This drop in the production of ether in the current quarter compared to the prior quarter will be offset partially by the average price of ether increasing by 45%, and the higher bitcoin mined in this quarter boosted by the increase in the price of bitcoin in the quarter of over 35%,” Hive said.
Related posts
-
Ripple Related Token Rockets 11% as Bitcoin Bulls Target $185,000
Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected... -
Bitcoin miner HIVE targets 150% growth by 2025-end after 47% YoY operational surge in 2024
Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47%... -
Analyst Sees Bullish Patterns Emerging
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s...