Title : HIVE Blockchain Technologies (HIVE.v): Goodbye
link : HIVE Blockchain Technologies (HIVE.v): Goodbye
HIVE Blockchain Technologies (HIVE.v): Goodbye
And they couldn't even be bothered to get the grammar right:During the second quarter of fiscal 2020 and subsequently, Bitcoin market conditions for miners worsened as coin prices declined while mining difficulty and network hash rates increased, reaching a record high. This combination resulted in the Company’s cloud mining operations, which operate on a fixed cost basis, becoming unprofitable. As a result, the Company has suspended 200 PH/s of its cloud mining capacity at the beginning of October. It is currently reviewing various factors, including market conditions and the halving of Bitcoin rewards anticipated to occur in May 2020 and it’s anticipated impact on legacy ASIC miners, and reviewing its options for this cloud mining capacity as well as its plans for its other 100 PH/s of cloud mining capacity, the initial contractual term of which expires at the end of calendar 2019.
Thus Article HIVE Blockchain Technologies (HIVE.v): Goodbye
That's an article HIVE Blockchain Technologies (HIVE.v): Goodbye This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article HIVE Blockchain Technologies (HIVE.v): Goodbye with the link address https://todaysand.blogspot.com/2019/11/hive-blockchain-technologies-hivev.html
0 Response to "HIVE Blockchain Technologies (HIVE.v): Goodbye"
Post a Comment