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This Is the 8th Wall Street Bitcoin Miner to Report Lower BTC Production in November
HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NYSE: HIVE), reported lower crypto output in November while announcing significant expansion plans to triple its mining capacity by mid-2025. The Wall Street Bitcoin miner's November production represents a decline from 117 Bitcoin mined in October, though its total holdings grew 67% year-over-year to 2,713 BTC, valued at approximately $261 million at month-end. HIVE maintained an average hashrate of 5.3 EH/s in November, with daily production averaging 3.42 Bitcoin. The company's mining fleet operated at an efficiency rate of 22.3 joules ... (full story)