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Crypto miner Hive Blockchain (HIVE) sold about 10,000 ether (ETH), the native token of the Ethereum blockchain, to pay for Intel (INTC) bitcoin mining rigs, as most miners are starting to sell some of their mined digital assets to pay for their operating costs. Original Source
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The miner will have about 82 million shares from 411 million, after consolidation. Source
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Publicly traded crypto mining company HIVE Blockchain Technology has signed a deal to buy ASIC chips from semiconductor manufacturer Intel that will be used in their new custom mining devices.HIVE has arranged for the new devices to be made by a third-party custom design manufacturer that will integrate the Intel
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter.In a Wednesday notice to shareholders, Hive said it had mined 6,280 Ether from Oct.
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Hive Blockchain expects to mine more bitcoin in the fiscal third quarter compared with the second, while ether mining will decline due to increased competition, the company said in a statement.Hive, based in Vancouver, Canada, said it will mine more bitcoins in the quarter ending Dec. 31 than the 656
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Canadian crypto miner Hive Blockchain reported record revenue of $52.6 million in its fiscal second quarter, up 305% from the same period last year, according to a statement.The company said the increase in revenue was mainly due to a rise in cryptocurrency prices, the increased production of Bitcoin as a
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Riot Blockchain and Hive Blockchain surged Tuesday, outperforming crypto mining peers at a time when bitcoin and ether, the native token for Ethereum, are near all-time highs.Shares of Riot climbed more than 6% as of 10:20 a.m. ET (19:00 UTC), while other bitcoin miners were mostly little changed as the
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