Hive Blockchain: Increasing Cash Flow By 200%


Next time on BTV, Blockchain and Bitcoin companies. What I’m most proud of HIVE is the speed at which we’ve been able to advance our business plan. We are in the process of building a Bitcoin facility in Sweden. We’re increasing our capacity by over 150 percent and our cash flow by over 200%.

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.

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