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

Author: Benzinga Newsdesk | August 02, 2024 02:50am

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.

Posted In: HIVE