In recent weeks, the HIVE token has experienced notable volatility. As of the latest update, HIVE is trading at $0.2224, marking a 2.03% decline in the past 24 hours and a significant 41.1% drop over the past year. Despite the recent fluctuations, the market cap stands at $111,370,448, and the 24-hour trading volume is $3,246,329.
In the name of diversifying portfolios to include a small share of the next big thing, investors should consider these cryptos to buy.
Mask Network displays resilience despite the overall sector downturn. Hive and LUKSO show modest growth amid sector volatility.
HIVE Blockchain presents a March 2023 production report that includes over three exahashes of production.
HIVE mines more Bitcoin than in January and February 2023. The more robust numbers were achieved despite the record-high mining difficulty.
The company's gross mining margin was hit hard by the decline in crypto prices. After the Ethereum-Merge, Hive began selling its excess energy to the grid.
Ethereum's transition to PoS significantly hurt Hive, but it still managed to increase its mining production by 13% year-over-year.
The net loss came in at $90 million, rising from a $37 million loss reported in Q3. HIVE tries to compensate for challenging market conditions by energy hedging.
Key Points: The crypto mining company Hive Blockchain announced that it had mined 787 Bitcoins in the third fiscal quarter ending December 31, 2022. The company's revenue in the quarter was $14.3 million, a decrease of approximately 51.6% from the previous quarter.
The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining.
Crypto mining company HIVE Blockchain announced earlier today the delay of the interim financial statement filing due to “unforeseen tax notice.”
Hive Blockchain stock price forecast 2025 to 2030 is explained in this detailed article along with its technical analysis and what to expect from it.
Investments in the blockchain and Web 3 space have been spasmodic despite the sector's overall growth. While a bear market and macroeconomic conditions have halted growth across sectors, GameFi is a sector that continues to grow.
Valkyrie took a look at which miners are best positioned to survive the extended market downturn.
Blockchain investments have been sporadic, but GameFi is one sector that is continuing to grow. This, despite the wider market's collapse.
HIVE /USD has collapsed from $0.99 to $0.35 since May 05, 2022, and the current price stands at $0.49. According to technical analysis, the risk of further decline is still not over, but the current price could be a good entry point for long-term investors. Hive is a constantly evolving Hive is a forward-looking decentralized […] The post Is HIVE buy opportunity after the current dip? appeared first on Invezz.