The Blockchain & Cryptocurrency for Web3

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Let us be the first to welcome you to the new global digital economy. At Kriptomat, it is our mission to bring the benefits of blockchain and cryptocurrency to everyone – and to do so in a manner that’s safe, secure, and incredibly user-friendly. HIVE Blockchain Technologies Ltd. engages in building a bridge from the block chain sector to traditional capital markets. It also involves in the production of mined cryptocurrency like Ethereum around the clock. The company was founded on June 24, 1987 and is headquartered in Vancouver, Canada. Post Ethereum-Merge, Hive resorted to selling energy back to the grid and repurposing its GPUs to mine Bitcoin.

  • Look for blockchain, self-reliance in technology discussions in China’s biggest political meetings of the year as China’s President Xi Jinping’s aims to build a digital economy.
  • Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
  • That’s because the company is readying to launch its HIVE Performance Cloud , a platform for accelerated cloud computing using green energy.
  • The Common Shares referred to in this news release may not be offered or sold in the United States absent registration or an applicable exemption from registration.
  • When it comes to the machines’ performance, the expected targets have been met, said the press release.

We’re accessible and responsive to every client we serve, using cutting-edge technology and innovation makes it easier for us to focus on relationship building. The way we see it, a helpful voice on the phone is always welcomed. The results cover a period that saw many crypto miners struggling for solvency, with the likes of Compute North and Core Scientific filing for bankruptcy last year.

My account doesn’t show up on at all. Why?

These companies are all Bitcoin miners, so their stocks tend to move with a high correlation to the price of Bitcoin. This was also reflected in the Canadian cryptocurrency miner Hive Blockchain’s revenue, which halved to $14.3 million in Q3 as compared $29.6 million total it made in the previous three-month period. SAN FRANCISCO – Technology stocks were mostly higher Friday morning, as shares of BlackBerry Inc. rallied on the company’s better-than-expected results. When it comes to the machines’ performance, the expected targets have been met, said the press release.

The Hive price page is just one in Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. We’re expanding our index of accounts over time, prioritizing the most important ones first. Sign up to receive news releases by email for HIVE Blockchain Technologies Ltd. or all companies belonging to the Blockchain, Computer Networks industries. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any jurisdiction where the offer, sale or solicitation would be unlawful.

It reached over 3 Exahash of bitcoin mining capacity in February by mining at full capacity of 3,080 PH/s in late February; it recorded 2.81 EH/s of mining capacity for the month. We have indexed about 40M twitter accounts at moment, usually updated once a month. If your account is not being indexed/ranked at the moment, the simplest way to ensure that it does is by signing into hive with your Twitter account. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.

Bitcoin’s price gains this year bring needed relief to cash-strapped crypto mining industry

Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space. HIVE Blockchain Technologies is the first publicly traded crypto miner, listing on the Toronto Venture Exchange in 2017, under the ticker symbol HIVE. The company uses 100% green energy to mine Bitcoin with a committed ESG strategy since day one. HIVE strives to create long-term shareholder value with its unique HODL strategy, bridging the blockchain and cryptocurrencies to traditional capital markets.


Because I think Bitcoin is here to stay, there is likely a future for these Bitcoin mining companies. However, I would simply rather hold Bitcoin itself than any of these stocks. Miners rose this morning after a good weekend for Bitcoin, in which the price of the world’s largest cryptocurrency topped $21,200.

Ethereum Mining Out of the Picture

HIVE intends to continue to utilize cash flow to make opportunistic investments and upgrade our fleet of BTC and ETH mining equipment on a regular monthly basis. The company also uses a grid balancing strategy to earn extra income. By selling its power back to the grid during times of peak demand during December, the company brought in revenue equivalent to mining 184 Bitcoin, according to its update for that month. The mining company also deployed the first machines that it has designed itself using Intel’s Blocksale chips. Hive installed 1,423 of the so-called Buzzminers, whereas all 5,800, totalling 620 petahash/second (PH/s) of computing power, will be shipped by the end of January, Hive said.

  • This can be achieved through staking , Decentralized Autonomous Organizations , or simply the distributed network of miners powering the network choosing how and where to allocate their hashpower .
  • “We are sad to see the higher margin from mining Ethereum gone; however, our HPC strategy, which has taken longer to roll out, is now growing rapidly on a month-over-month basis,” he said.
  • Aerohive Networks Inc. warned Tuesday that fourth-quarter revenue will be lower than the company’s previous guidance.
  • HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.
  • Wallets are incredibly important to securely store your cryptocurrencies and to interact with Web3 apps.

Purchase crypto instantly — at any time — with a credit or debit card. Skrill and Neteller both offer yet another alternative payment method for purchasing Hive. Here at Kriptomat, we’re thrilled to support both of these electronic options. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards.

HIVE Blockchain sees 3.8% drop in Februarybitcoin production – Seeking Alpha

HIVE Blockchain sees 3.8% drop in Februarybitcoin production.

Posted: Fri, 03 Mar 2023 10:43:20 GMT [source]

While analysts aren’t seeing a ton of fundamentals behind the move, it’s not always so easy to explain big moves in crypto. The sudden and surprising rally seems to have caught many of the short sellers off guard, asCoinDesk recently reported that there have been $500 million of short bets liquidated since Friday. Riot, Hut 8, and HIVE Blockchain are all Bitcoin miners, meaning their business model involves trying to mine as many Bitcoin as possible in the most efficient manner. Crypto mining saw severe losses last year as prices went south.

Does Hive have a bias?

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The company also advertises its use of renewable energy systems and use of less energy than traditional blockchain mining methods. By using this site, you are agreeing to security monitoring and auditing. Aerohive Networks Inc. warned Tuesday that fourth-quarter revenue will be lower than the company’s previous guidance. Aerohive said that it expects revenue of about $37 million for the final quarter of 2017, after previou… Look for blockchain, self-reliance in technology discussions in China’s biggest political meetings of the year as China’s President Xi Jinping’s aims to build a digital economy.

However, hive bitcoin hasn’t released power efficiency data for the machines, a key metric in an environment that has brought miners to their knees over power costs. Intel touted an efficiency of 26 joules/terahash (J/T) for the chips in April, which wouldn’t beat Bitmain’s S19 XP series, but is on par with or better than other models currently on the market. Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how HIVE tracks the overall market, check out our comprehensive cryptocurrency price page.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now. Im a relative newbie to the crypto game, and I made a dumb mistake. Luckily someone in the support team was able to help me and helped me out of my situation I would definitely reckoned this team and site to anyone.

Let the BTC to HIVE converter find an approximate rate for you, just enter the necessary amount of Bitcoin you would like to swap. Kriptomat is designed to provide the most comprehensive yet easy-to-use trading experience on the planet. We accomplish this by actively listening to our customers — and working to deliver exactly what they want. We work diligently to provide the lowest fees possible, and your entire transaction is completely transparent — meaning no surprise charges. Hive is a powerful speculative investment tool, so many customers buy and hold in the hopes of gaining massive profits. Whether you’re an experienced trader or this is your first purchase, Kriptomat makes the buying process simple with a choice of payment methods.

Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas. Miners have been cutting back their power use at times of high demand for energy, selling the electricity back to the grid, in order to cope with market headwinds that have seen some of the biggest names in the industry filing for Chapter 11 bankruptcy. Canadian bitcoin miner Hive Blockchain earned $3.15 million, or the equivalent of about 184 bitcoin, by curtailing its power use in December whereas it mined 213.8 BTC for the month. Sign up for Valid Points, our weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets. Enjoy safe investment on a decentralized stable coin powered by Hive blockchain. HBD is backed by HIVE and currently provides one of the highest interest rates in the crypto space.


If enough members of a community follow you, and/or you follow enough of them, we could mistakenly infer that you belong to that community. In general, we’re constantly working to make our algorithm more precise in this regard. Community membership is inferred from followings, followers, and Twitter lists.

Does HIVE have future?

According to our current Hive Token price prediction, the value of Hive Token is predicted to rise by 4.39% and reach $ 0.429916 by March 8, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral).

I forgot to paste the message # for a swap, they immediately responded to my email and got the information needed to complete my transaction. This is the best service I’ve seen so far from any crypto related company. You must be the account holder in order to initiate a SEPA bank transfer and purchase Hive on Kriptomat. You can easily exchange any portion of your Hive balance for another cryptocurrency of your choice.

The wireless company priced its IPO late Thursday at $10 a share, the midpoint of its … Pursuant to the EDA, the Company may, from time to time, sell up to US$100 million of common shares in the capital of the Company. Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as easy as possible to sell your Hive whenever you so choose – 24 hours a day, 7 days a week, 365 days a year. For insight and analysis of Hive fundamental and technical data, check out our Hive Price Page. A major benefit of most cryptocurrencies is that they are completely decentralized. Some cryptocurrencies are controlled by their developers who can arbitrarily determine the tokenomics (supply, inflation, deflation etc.) of the coin – but many are operated in a fully decentralized manner.

Aydin Kilic, President & COO of HIVE, stated that the company was able to optimize the function of the HIVE BuzzMiner to satisfy demand response programs, so that it can participate in grid balancing initiatives. Between Tuesday, January 3 and Friday, January 13, 2023, HIVE shares jumped 104.6%. Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era.

Cryptologic had received 15 million HIVE shares in April 2020 as part of the purchase price for HIVE’s acquisition of Cryptologic’s 30-MW capacity bitcoin mining operation in XLM Quebec. The shares were subject to BNB a four-month lock-up agreement, which has now expired. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Several notable players in the space slid into bankruptcy, while others had to take cost-cut measures and shut down branches. Ethereum’s transition to PoS significantly hurt Hive, but it still managed to increase its mining production by 13% year-over-year. HIVE Blockchain Technologies Ltd. raises a $389,615 initial public offering. HIVE Blockchain Technologies Ltd. raises a $800,099 initial public offering.

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