Explore answers to some of the most common questions about HIVE and its operations.
Can’t find what you’re looking for? Please feel free to contact us.

• What's the big idea behind HIVE?
• What is HIVE's business model?
• What are the keys to successful data centre operation?
• Why does HIVE operate in 3 different countries?
• What are HIVE's assets?

What's the big idea behind HIVE?

HIVE began by mining digital assets including Bitcoin, recognizing their transformative potential to empower individuals both technologically and financially. From the start, we committed to sustainability, harnessing green energy without depleting Earth’s natural resources.

As a pioneer, HIVE was the first to establish a high-performance computing (HPC) strategy, building on our deep expertise in GPU computing. Today, we’re shaping the future of digital innovation, from Bitcoin to high-performance computing, with clean, efficient energy and driving a more sustainable, connected world.

What is HIVE's business model?

HIVE designs, builds, and operates state-of-the-art data centers, leveraging proprietary models to strategically select and deploy hardware for maximum efficiency. Our core operations focus on two primary areas: Bitcoin mining and providing cutting-edge GPU cloud computing services to support the AI community.

What are the keys to successful data centre operation?

The key lies in skilled staff, advanced software, and meticulous attention to detail. At HIVE, regular hardware upgrades are integral to maintaining peak efficiency and staying ahead in performance and sustainability. We closely monitor every machine in our data centres, ensuring swift issue resolution by our expert teams.

Why does HIVE operate in 3 different countries?

HIVE strategically located its data centres in climates with access to low-cost renewable energy: Canada, Sweden, and soon Paraguay. Being located in three different areas also provides both geographic and geopolitical diversification.

What are HIVE's assets?

HIVE owns and operates large-scale data centres in Canada, Sweden, and soon Paraguay. In our Canadian facilities, we run a large fleet of Bitcoin miners (approximately 3 EH/s). In our Swedish facilities, we also operate a large fleet of NVIDIA GPUs and servers which provide robust processing capacity for modern AI, machine-learning, and HPC workloads.