HIVE Stock Discussion

Hive Blockchain Technologies Ltd Description

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 leading cryptocurrency mining hashrate provider, to build the next generation of blockchain infrastructure. HIVE owns a state-of-the-art GPU-based cryptocurrency mining facility in Iceland, completed in May 2017, which produces mined cryptocurrency like Ethereum around the clock. HIVE has an option to acquire four additional facilities in Iceland or Sweden from Genesis. Genesis supports HIVE with data centre infrastructure know-how and is HIVE’s largest shareholder.

Sector: Financial Services
Industry: Capital Markets
Keywords: Mining Currency Infrastructure Computing Cryptocurrencies Blockchain Financial Technology Tradition Decentralization Capital Market Capital Markets Genes Blockchains Ethereum Hiv Blockchain Technologies Alternative Currencies Cryptocurrency Mining