HIVE Blockchain offers direct exposure to digital currencies and the blockchain infrastructure.
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.
HIVE’s launch transaction involves the acquisition of an initial state-of-the-art blockchain infrastructure facility in Iceland from Genesis Mining Ltd., the world’s largest cloud bitcoin mining company. The facility produces mined cryptocurrency around the clock. Assembly of the facility, which utilizes cutting edge computing components and infrastructure design, was just completed in May 2017.
First Mover Advantage:
- First publicly listed blockchain infrastructure company that bridges blockchain and cryptocurrencies to traditional capital markets.
- Ability to accelerate development of the blockchain sector through traditional capital markets while creating long-term shareholder value.
- Experienced team and advisers who have been integral to the success of several billion dollar companies.
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