{"id":77345,"date":"2023-04-17T15:22:37","date_gmt":"2023-04-17T12:22:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77345"},"modified":"2025-09-10T22:47:12","modified_gmt":"2025-09-10T19:47:12","slug":"hive-blockchain-mined-282-btc-in-march","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hive-blockchain-mined-282-btc-in-march\/","title":{"rendered":"HIVE Blockchain mined 282 BTC in March"},"content":{"rendered":"<p>The mining company HIVE Blockchain Technologies <a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/04\/17\/2647673\/0\/en\/HIVE-Blockchain-Provides-March-2023-Production-Update-with-over-3-Exahash-of-Production.html\">mined<\/a> 282 BTC in March and boosted reserves to about 2,310 BTC.<\/p>\n<p>During the month, the firm completed the deployment of a batch of ASIC miners <a href=\"https:\/\/forklog.com\/en\/news\/hive-blockchain-begins-deploying-intel-chip-bitcoin-miners\">BuzzMiners on Intel chips<\/a>, numbering 5,600 units.<\/p>\n<p>As of March 31, HIVE&#8217;s hashrate stood at 3.36 EH\/s, including the GPU fleet.<\/p>\n<p>During the month, the hashrate averaged 3.09 EH\/s. Executive Chairman Frank Holmes noted that Bitcoin mining difficulty in March rose by about 9%, <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-mining-difficulty-hits-a-new-all-time-high-3\">to 46.84 TH<\/a>. The company increased its computing power by 12% over the period.<\/p>\n<p>According to HIVE&#8217;s President and CEO Aydin Kilic, GPU mining profitability was, on average, 16% higher than that of ASIC devices.<\/p>\n<p>All bitcoins mined in March from the GPU hashrate were sold by the company to fund operating expenses.<\/p>\n<p>In 2022, HIVE <a href=\"https:\/\/forklog.com\/en\/news\/hive-blockchain-mined-3146-btc-in-2022\">mined 3,146 BTC<\/a>. The total production of the firm&#8217;s digital assets for the period, converted to Bitcoin, amounted to 4,752 BTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mined 282 BTC in March and boosted reserves to about 2,310 BTC.<\/p>\n","protected":false},"author":1,"featured_media":77346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1106],"class_list":["post-77345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hive"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=77345"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77345\/revisions"}],"predecessor-version":[{"id":77347,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77345\/revisions\/77347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/77346"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=77345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=77345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=77345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}