HIVE Blockchain to reach 1 Exahash in bitcoin mining today

HIVE Blockchain (NASDAQ:HVBT) will achieve its earlier announced target of 1 Exahash per second (EX/s) of Bitcoin mining hashrate and it targets to achieve its goal of 3+ EX/s by FY22 end. "This achievement has been challenging because of the global shortages in chips and logistics delays in shipping equipment from Asia due to Covid 19," Executive Chairman Frank Holmes commented. In the past 24 hours, the company received deliveries of 1,845 Bitcoin miners with a total hashrate of 172 Petahash per second. The miners will be deployed between its two Canadian data centres; 945 miners will be located in Lachute, Quebec and 900 miners Grand Falls, New Brunswick. HIVE intends to continue to utilize cash flow to make opportunistic investments and upgrade its fleet of BTC and ETH mining equipment on a regular monthly basis. The strong hashrate from both Bitcoin and Ethereum lead to a daily income of $600K+ or an annual run rate of