HIVE Blockchain Technologies Ltd Acquires 4,000 Next Generation Miners

HIVE Blockchain Technologies Ltd. (Nasdaq: HVBT) announced in a press release that the company's global operations are producing BTC, which is an equivalent operational hash rate of 1.675 EH / s from its Bitcoin and Ethereum operations. The company announced that it generates $ 200 million in annual income. Operating and overhead costs are $ 25 million, according to a source. The company plans to expand its pipeline to purchase miners. HIVE Blockchain Technologies Ltd. announced it plans to buy 4,000 next-generation miners with a hash rate of 272 PH / s. As part of its miner purchase program, more miners have already joined. As a result, the company has a total Bitcoin operating hash rate of 925 Petahash per second (PH / s). The state-of-the-art infrastructure is obtained from renowned manufacturers. The delivery will take place in two tranches and will be operational within the next 60 days. While 2,000 miners will be shipped in August, the company will receive the next batch of 2,000 miners in September 2021. A source from HIVE Blockchain Technologies Ltd. stated that the recent announcement is part of the company's strategy to increase its bitcoin mining capacity. Sirius XM Holdings Inc. (NASDAQ: SIRI) is back in the news. SiriusXM stated that its subsidiary has ambitious plans to offer senior bonds. Depending on the prevailing market conditions, the company will make a corresponding offer. If all goes well, $ 750 million in Senior Notes due 2026 and an additional $ 1.25 billion in Senior Notes due 2031 will be offered to Eligible and Qualified Persons. Sirius XM Holdings Inc has issued a statement reiterating that the announcement is not official and is not intended to induce investors to buy or sell these securities. Entertainment company in North America. In addition, it is one of the most renowned platforms for digital, advertising-supported audio products.