HIVE Bitcoin Output Rises 49% as Mining Revenue Falls
HIVE Digital Technologies produced 1,070 Bitcoin in the September quarter, up 49% year over year. Mining revenue fell as lower Bitcoin prices offset higher production.
Bitcoin miner HIVE Digital Technologies produced 49% more Bitcoin in the September quarter than a year earlier, but mining revenue fell as lower Bitcoin prices offset the increase in production.According to its latest regulatory filing, the company produced 1,070 Bitcoin in the three months ended S…