Hive Blockchain (HIVE) revealed a plan to roughly double its computing power, or hashrate, to 6 exahash/second (EH/s), in a press release on Friday.
The miner will fund its growth target through an at-the-market (ATM) sale but did not specify a timeline for the target. Hive said it will increase its hashrate from about 3 EH/s to 4 EH/s by the end of the second quarter with machines it has already purchased.
Hive did not reply to CoinDesk’s request for additional details on the timeline.
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