News

HIVE Blockchain Doubles Its Bitcoin Production Capacity With The Purchase of New Generation Bitcoin Miners

January 04, 2021

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is excited to announce the purchase of 4,180 MicroBT WhatsMiner M31S+ next generation miners with an aggregate operating hash power of 334 Petahash per second (PH/s) as it continues to expand its bitcoin mining operations.

New Miners

With the addition of these 4,180 MicroBT WhatsMiner M31S+ Miners, HIVE’s aggregate operating hash rate …

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HIVE Blockchain Announces Private Placement of Convertible Debentures

December 24, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE:HBF) (the “Company” or “HIVE”) is pleased to announce, subject to regulatory approval, that it intends to complete a non-brokered private placement (the “Transaction”) of unsecured debentures (the “Debentures”), for aggregate gross proceeds of USD$15,000,000 with U.S. Global Investors, Inc. (“U.S. Global”).

The Debentures will mature on the date that is 60 months from …

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HIVE Blockchain Provides Results from Shareholder Meeting and Corporate Update

December 23, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is pleased to announce that all resolutions considered at its 2020 annual meeting of shareholders on December 22, 2020 were approved overwhelmingly by its shareholders. The Company is also providing a corporate update for its third quarter ending December 31, 2020 of its fiscal year.

Shareholders Approve Resolutions

The resolutions approved …

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HIVE Blockchain to Provide Corporate Update and Results from the 2020 Annual General Meeting

December 21, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) announces that management will host a webcast on Tuesday, December 22, 2020 at 4:00 p.m. Eastern Time to provide a corporate update and announce results from its 2020 Annual General Meeting of Shareholders.

Among the discussion topics will be an update on HIVE’s upgrades to its facilities in Iceland and Sweden. We urge …

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HIVE Blockchain Reports Record Quarterly Revenue and Cash Flow, with Operating Income of $9 Million, in Second Quarter F2021

December 01, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) announces its results for the second quarter ended September 30, 2020 (all amounts in US dollars, unless otherwise indicated).

Revenue from digital currency mining was $13.0 million, an 8% increase from the same quarter last year. Record cash flow of $10.6 million, up significantly from a loss of $4.6 a year …

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HIVE Blockchain Announces Webcast Details for Q2 F2021 Results on Tuesday December 1, 2020

November 30, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) announces that management will host a webcast on Tuesday, December 1, 2020, at 10:00 a.m. Eastern Time to discuss the Company’s financial results for the six months ended September 30, 2020.

Financial data for the quarter will be released prior to the webcast. We urge investors to sign up today and participate in …

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HIVE Blockchain has entered into an Agreement to buy GPU.One’s New 50 MW Campus of Data Centres in New Brunswick

November 23, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is excited to announce that it has entered into a non-binding, exclusive memorandum of understanding (“MOU”) with GPU.One Holding Inc. (“GPU.One”) to expand HIVE’s Canadian footprint through the potential purchase of GPU Atlantic Inc. (“GPU Atlantic”).

Pursuant to the MOU, HIVE would purchase 100% of the GPU Atlantic shares (the “Proposed Transaction”). The …

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HIVE Blockchain Increases Bitcoin Mining Production Immediately with the Purchase of 1,240 Next Generation Miners While Upgrading its GPU Chips to Mine Ethereum in the Cloud

November 06, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is excited to announce the purchase and immediate hashing of 1,240 MicroBT WhatsMiner M30S miners with an aggregate operating hash power of 113 Petahash per second (PH/s) as it continues to expand its bitcoin mining operations.

The cost for these M30S miners was approximately US$2,715 per unit, or US$3.4 million, financed through the …

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HIVE Blockchain Reports First Quarter F2021 Financial Results

October 16, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) announces its results for the first quarter ended June 30, 2020 (all amounts in US dollars, unless otherwise indicated). The Company’s Management will host a webcast on Friday, October 16, 2020 at 10:00 am Eastern Time to discuss the Company’s financial results. Click here to register for the webcast.

“The first quarter marked …

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HIVE Blockchain Reports Record Ethereum Mining Production Driven by DeFi Demand

September 30, 2020

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) announces that it has achieved a record amount of Ethereum production in the current quarter driven by the continued strong usage of the blockchain network, notably for decentralized finance (“DeFi”) applications, and the positive impact this has had for industrial scale Ethereum miners such as HIVE. The Company also provided an update on the …

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