HIVE DIGITAL TECHNOLOGIES LTD

The Canadian firm HIVE has doubled its global mining capacity by acquiring a 30 M/W Bitcoin mining facility in Quebec.

HIVE Blockchain Technologies, a Canadian publicly-traded ether (ETH) mining firm, has announced on March 30 the acquisition of a dedicated cryptocurrency mining operation with access to 30 megawatts of low-cost green power.

The transaction was valued at CAD $4 million (USD $2.8 M). The facility, leased …

Following a 20% expansion in ETH mining operations at Hive Blockchain’s Swedish facility, Cointelegraph spoke to Hive regarding contention in the ETH community and the company’s plans.

Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than 20%.

https://cointelegraph.com/news/hive-expands-ether-mining-by-20-not-worried-by-proof-of-stake

Hive Blockchain (TSX.V:HIVE), a publicly listed cryptocurrency mining company has announced that it’s now in the process of expanding its GPU-based Ethereum mining farm in Sweden. The firm says the move will enable it to increase its Ethereum mining production by as much as 20 percent, according to a press release. 

While Ethereum’s Vitalik Buterin and other members of the ecosystem are hard at work trying to transition the …

Crypto mining firm Hive Blockchain Technologies recently revealed a new two-phase plan that would increase Ether mining at its Sweden-headquartered flagship GPU-based facility. The firm plans to increase the mining process by 20%, as it views the current situation as ‘an opportune time.’

The company’s facility in Sweden is hydro-powered, and the expansion will require capital expenditures of only around $200,000 per every extra megawatt of power. The cost …

HIVE Blockchain Technologies has announced its plans to expand its Ethereum mining facility in Sweden by 20 percent over the next six months.

The crypto mining company is operating its facility in northern Sweden and operates with GPU-based mining hardware leveraging the cheap hydroelectricity available in the region.

https://www.financemagnates.com/cryptocurrency/news/hive-to-expand-its-ethereum-mining-capacity-by-20/

Hive Blockchain Technologies’ (HIVE.V) prospects are looking up and now they anticipate a 40% reduction in the company’s operating and maintenance costs for its GPU (graphics processing unit) ethereum mining facility in Sweden.

The company’s new costs are comparable to what they were paying under their previous service provider agreement, which ended in November 2019. The company locked in a lower-than-anticipated electricity rate, courtesy of a unusually warm winter …

Hive Blockchain Technologies (TSXV: HIVE) announced this morning that it has seen a further reduction in the firms operating and maintenance costs to approximately 40%. The firm had initially targeted a reduction of 25% when it began cost cutting measures in December 2019.

The further reduction in costs is largely the result of securing a lower than anticipated electricity rate within Sweden, where the company houses much of its …

In hockey, when your team’s down and your favourite pita-slinger’s getting on your case at your local shawarma shack, you can pull out the faithful excuse that it’s a rebuilding year. Yeah. A rebuilding year. They’re making trades and figuring out how to skate together and once they iron out some of the kinks and find out what combinations work best for line chemistry, then you’d better watch out in …

The future is bright, and it’s driven by the blockchain.

Blockchain technology is already turning the financial industry upside down through its disruptive applications, but finance is only the tip of the iceberg. The blockchain’s true scope is in its ability to change the way you do things every day – like voting, travelling, or going to the doctor.

https://www.visualcapitalist.com/blockchain-powering-future/