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HIVE Digital December 2024 Production Results: Bitcoin Holdings Reach $261.9M With HODL 2,805 BTC (+64.6% YoY), Mining Capacity Hits 5.5 EH/s

Benzinga ·  Jan 8 14:24

Key Highlights for December 2024:

Bitcoin Production: Mined 103 BTC, bringing HIVE's HODL portfolio to 2,805 BTC, a 64.6% increase year-over-year.

Mining Capacity: Maintained an average mining capacity of 5.5 Exahash per Second ("EH/s") with fleet efficiency at 22 Joules per Terahash ("J/TH"), reaching a peak BTC only hashrate of 6.0 EH/s, and a peak BTC equivalent hashrate of 6.3 EH/s.

Operational Efficiency: Achieved an average daily production rate of 3.32 BTC, equivalent to 18.8 BTC per Exahash.

Bitcoin Valuation: HIVE's Bitcoin holdings were valued at over $261.9 million as of December 31, 2024, based on a BTC closing price of approximately $93,400.

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