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From: Rocket Red11/26/2021 6:04:23 PM
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Hive produces 234 bitcoin, 2,591 ethereum in October

2021-11-22 02:59 ET - News Release
Shares issued 388,650,689
HIVE Close 2021-11-19 C$ 5.31

Mr. Frank Holmes reports

HIVE PRESENTS RECORD OCTOBER 2021 PRODUCTION FIGURES, HODL 1,350 BITCOINS AS OF OCTOBER AND APPOINTMENT OF LUC OUELLETTE AS VP OF OUR NEW BRUNSWICK DATA CENTRE CAMPUS

Hive Blockchain Technologies Ltd. has released the production figures from the company's global bitcoin and ethereum mining operations for the month of October, 2021, its BTC hodl position of 1,350 coins, and has hired a new team member from the local community in New Brunswick.

October, 2021, production figures

Following a record second quarter 2021 earnings report (period ended Sept. 30, 2021), Hive is pleased to announce its October, 2021, production figures. The company notes it currently has:

  • $23.4-million (U.S.) revenue;
  • 234 BTC produced;
  • 2,591 ETH produced.


Frank Holmes, executive chairman of Hive, stated, "We are proud of the growth and operational excellence exhibited from our global operations, which has Hive generating $280-million (U.S.) in annual revenue on a run-rate basis using October figures, or approximately $350-million."
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