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Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs

The Canadian firm said 5,800 machines will provide computing power of upward of 630 petahashes per second by end of January. That's less than the October forecast of 1 exahash.

ASICs for mining bitcoin at HIVE Blockchain's facility in Boden, Sweden. (Sandali Handagama/CoinDesk)
ASICs for mining bitcoin at HIVE Blockchain's facility in Boden, Sweden. (Sandali Handagama/CoinDesk)