The Ethereum HIVE miner starts Bitcoin
HIVE blockchain, a listed company that specializes in Ether degradationwill acquire an infrastructure of 30 MW to diversify and mine Bitcoin
Formerly known as Leeta Gold Corp, HIVE blockchain changed its name and gave up its gold mining activities in 2017 to focus on the Mining cryptocurrencies.
The company has just signed an agreement With Cryptologic Corp. to acquire for the sum of $ 4 millionGreat Farm at Bitcoins is located in Canada.
More precisely in Lachute at Quebecthe infrastructure provides access to 30 megawatts of green energy and will allow HIVE more than double the available resources.
After Frank Holmes, Acting President of HIVEThis acquisition represents a strategic operation that aims to “significantly diversify” the company’s activities.
The acquisition offers us one Bitcoin mining facility advanced and operational with access to some of the cheapest electricity in the world, “added Holmes.
Canadian society was actually recovering 14,000 Bitcoin ASICs Bitmain brand (model S9) with a total output of more than 170 petahash. However, it is intended to replace them with newer models in the long term.
HIVE Blockchain is proud to be one of the greatest miners fromEthereum into the world and only use green energy.