HIVE mined 1,070 $BTC in the September quarter, up 49% from 718 a year earlier. Mining revenue still fell 7.4% to $76 million. MARA mined 2,247 $BTC, up 5%, while mining revenue dropped 34% to $159 million. HIVE’s electricity costs rose to $45.6 million, with a $31.2 million non-cash equipment write-down. MARA’s purchased energy costs increased 12% to $48.1 million, plus a $12 million rig write-off under restructuring plans.
Erhan KShare
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