In a news statement issued on Friday, Hive Blockchain (HIVE) announced plans to approximately double its computational capacity, or hashrate, to 6 exahash/second (EH/s). The miner will fund its growth ambition through an at-the-market (ATM) sale, although no timetable was provided. Hive stated that it will expand its hashrate from approximately 3 EH/s to 4 EH/s by the end of the second quarter using computers that it has already purchased. Under its ATM offering, the miner will sell up to $100 million in common shares, with Canadian investment firms Canaccord Genuity and Stifel acting as agents. Each exahash of bitcoin (BTC) mining computer power will cost $30 million, thus the offering may fund up to three exahashes every second of growth.