HIVE DIGITAL TECHNOLOGIES LTD

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is pleased to announce that it has entered into new agreements, effective June 1, 2020, for hosting and management of its GPU-based high performance computing equipment in Iceland which are anticipated to significantly improve the profitability profile of operations in the country.

The agreements are anticipated to result in an approximately 50% reduction in …

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (OTCQX: HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is pleased to announce the appointment of Ian Mann to its Board of Directors.

“Mr. Mann has extensive experience in investment management and capital markets, along with significant experience as a Board Director and management of Bermuda-based companies,” said Mr. Holmes. “We are very pleased to welcome him to the Board.”

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Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (FSE: HBF) (the “Company” or “HIVE”) is pleased to announce that 750 new Bitmain S17+ Antminer machines are now operational at its recently acquired Bitcoin mining operation in Quebec.

The total number of machines utilizing green power to mine Bitcoin at the facility is now approximately 14,750. The new S17+s have increased the Company’s SHA 256 Bitcoin mining computing power …

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (the “Company” or “HIVE”) is pleased to announce that it has completed its previously announced acquisition (the “Acquisition”) of a dedicated cryptocurrency mining operation with access to 30 megawatts (“MW”) of low cost green power at a leased facility located in Lachute, Quebec (the “Facility”) from Cryptologic Corp. (“Cryptologic”).

The purchase price of approximately C$4.0 million was satisfied through C$1,000,000 …

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (the “Company” or “HIVE”) is pleased to announce that it has signed a definitive agreement (the “Agreement”) to acquire a dedicated cryptocurrency mining operation with access to 30 megawatts (“MW”) of low cost green power at a leased facility located in Lachute, Quebec (the “Facility”) from Cryptologic Corp. for a total purchase price of approximately C$4.0 million (the “Acquisition”). Pursuant to …

Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (the “Company” or “HIVE”) announced today that its legal representation has requested that a new blockchain cease and desist from using the name Hive and Hive Blockchain for its new hard fork of the Steem blockchain (the “Blockchain”).[i] [ii]

In response to multiple shareholder inquiries understandably confused by this Blockchain’s announcement, HIVE clarifies that it has no …

Zug, Switzerland and Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (the “Company” or “HIVE”) is pleased to announce that it has initiated an expansion of its flagship GPU-based digital currency mining facility in Sweden. The expansion is anticipated to result in a more than 20% increase in the facility’s Ethereum mining production capabilities while improving its gross mining margin profile by leveraging the existing fixed cost base at …

Zug, Switzerland and Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (the “Company” or “HIVE”) is pleased to announce that it now anticipates an approximately 40% reduction in the Company’s operating and maintenance costs at its GPU mining facility in Sweden, compared to such costs under its previous service provider agreement which it ended in November, 2019.

The updated cost reduction figure is higher than the approximately 25% …

Zug, Switzerland and Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) (the “Company” or “HIVE”) is pleased to provide the following operational update. The Company announces that it has experienced a more than 20% increase in newly minted Ether coins mined daily compared to its exit run rate for the last 15 days in December 2019.

The improvement has occurred since the Company completed the recent Ethereum network …