According to a production report released Monday, Canadian Bitcoin miner Hive Blockchain (HIVE) has 3,311 bitcoin worth $68.8 million. According to the report, Hive has no debt servicing payments related to its digital assets or mining hardware, despite the fact that several competitors are feeling the pinch of the bear market. In October, Hive mined 307 bitcoin at an average of 115 bitcoin per exahash. “We are very pleased to be producing over 300 Bitcoin per month, which is approximately 1% of the global network, even when network difficulty is at an all-time high,” said Executive Chairman Frank Holmes in the statement.
