HIVE Has Ordered 4,000 New Devices

HIVE has ordered 4,000 new devices. Bitcoin mining company HIVE did not disclose which devices it bought.

Bitcoin mining company HIVE, which stands out as a publicly traded company, also draws attention as a Chinese company. The company, which announced on Tuesday that it had ordered new devices, did not say which devices it had ordered. Noting that they will receive 2,000 units in the next 60 days, HIVE officials underlined that they will also receive the remaining devices at the beginning of last spring. While the devices purchased from the company named Canaan are expected to operate at 272 petahash (PH/s), the company's current hash power is expected to increase significantly. The total power of Bitcoin mining devices working for HIVE averaged 925 petahash. With the new devices, level of 1 exahash (EH/s) will be exceeded.

$550,000 Daily Income

According to current data, HIVE aims to generate an average of $550,000 daily revenue from its mining operations. HIVE, which raises its target with access to 1 exhash power, will try to raise its investment in a short time. HIVE, which is mining Ethereum as well as Bitcoin, also announced that it will continue to use its cash flow for new device purchases.