HIVE DIGITAL TECHNOLOGIES LTD

Bitcoin broke through the USD$10,000 resistance point yesterday for the first time since August 2019, and while this prompted an almost automatic selloff that brought it back down, it speaks more to a period of consecutive growth for the cryptocurrency post-halving. If pundits are right then the post-halving era is likely to send BTC skyward within the next two years, but in the interim, it will mean companies involved in …

Hive Blockchain Tech (TSXV: HIVE) this morning announced that it has entered into new hosting and management agreements for its GPU-based high performance computing equipment in Iceland. Effective June 1, the new agreements are expected to significantly improve the profitability of operations in the country.

Overall, the new agreements are anticipated to reduce monthly facility and operations costs by 50% in comparison to the previous service provider Genesis Mining. …

Frank Holmes joins Frank Curzio to share his thoughts on the current state of the stock market... including the surprising sectors seeing renewed activity. He also talks about bitcoin vs. gold—and explains why both can be great hedges.

https://youtu.be/c7O0v2ZxFz4?t=1666

HIVE Blockchain Technologies, a TSX.V-listed company based in Vancouver, announced today that 750 new Bitmain S17+ Antminer machines are now operational at its recently acquired Bitcoin mining operation in Quebec.

HIVE owns digital currency mining facilities in Canada, Sweden, and Iceland which produce newly minted digital currencies like Bitcoin and Ethereum continuously.

https://www.financemagnates.com/cryptocurrency/news/hive-blockchain-increases-bitcoin-mining-capacity/

HIVE Blockchain Technologies has acquired a cryptocurrency mining operation with access to 30 megawatts (“MW”) of low cost green power at a leased facility located in Lachute, Quebec.

According to an official press release shared with Coin Rivet, the cost of acquiring mining firm Cryptologic stands at C$4,000,000 , with C$1,000,000 of that being in cash.

https://finance.yahoo.com/news/hive-completes-4-million-acquisition-113000297.html

Hive Blockchain Technologies (HIVE.V) closed its previous announced acquisition of the dedicated cryptocurrency mining operation in Lachute, Quebec from Cryptologic (CRY.C) today.

Don’t you love it when a plan comes together?

Canada is probably the best place for cryptocurrency in the world because of its combination of colder temperatures, subsidized and abundant easily accessible green hydroelectric energy.

https://equity.guru/2020/04/09/hive-blockchain-technologies-hive-v-latest-acquisition-investment-future-crypto/

A publicly listed bitcoin mining operator is set to double the size of its operations in a multi-million-dollar deal, largely funded through a sale of its shares.

HIVE Blockchain announced via email this week it's all set to acquire an existing 30-megawatt (MW) mining operation in Quebec from rival Canadian mining company Cryptologic for CA$4 million (around US$2.8 million).

https://www.coindesk.com/hive-blockchain-to-double-bitcoin-mining-capacity-through-2-8m-share-deal

Hive Blockchain Technologies has expanded its digital currency processing capacity with its latest acquisition. The company announced that it had acquired a Canadian facility for C$4 million ($2.8 million) in cash and stocks. The facility has access to low cost green energy and is a strategic acquisition for HIVE as it seeks to expand its footprint in the transaction processing industry.

HIVE, which is listed on the Toronto Stock …

The advent of the COVID-19 pandemic brought on and continues to bring on some serious questions for every segment of the market, and that includes cryptocurrency. Within two days, Bitcoin was slashed in half as investors pulled their money out in droves and it seemed that almost overnight the question of whether or not Bitcoin was a safe-haven currency had been resolved. But neither was gold. The sharp truth was …

HIVE Blockchain Technologies, a Canada-based publicly-traded ether (ETH) mining firm, is diversifying into bitcoin mining operations.

Announcing the news on Monday, HIVE said it is acquiring a 30 megawatts (MW) bitcoin mining facility from Cryptologic Corp for about CA$ 4 million (~US$2.8 million) in Quebec.

https://finance.yahoo.com/news/ether-mining-firm-acquiring-bitcoin-133018862.html