HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) is building a bridge from the blockchain sector to traditional capital markets. HIVE is strategically partnered with Genesis Mining Ltd., the world’s largest cloud mining company, to build the next generation of blockchain infrastructure. HIVE currently operates a total of four facilities (two in Iceland and two in Sweden) and are currently working on an additional two facilities in Sweden. Our facilties are capable of mining cryptocurrencies, like Ethereum, around the clock and will add our first Bitcoin mining facility by September 2018.
“The concept with HIVE is to give Genesis a footprint outside of the cryptocurrency world and build a bridge from the blockchain space to traditional capital markets. Genesis will support HIVE to become the leading listed blockchain company.”
“We are now focused on establishing a market presence and scaling our mining business. Our facility provides us significant flexibility to mine multiple cryptocurrencies including, but not limited to, Ethereum, Monero and ZCash. We will continue to examine other alt-coins for potential opportunities.”
“Blockchain technology has the potential to fundamentally improve transactions for all. HIVE’s partnership with Genesis provides immediate exposure to operating margins of crypto mining and a growing portfolio of coins. That makes this a unique global company out of the gate.”