• With the recent acquisition of GPU Atlantic HIVE’s data centres now have an additional 50 megawatts of power, taking them to an incredible capacity of 100 megawatts! This puts Hive among the largest and most diversified of any publicly-listed cryptocurrency miner.
• DIVERSIFICATION: Unlike its competitors, hive mines both Bitcoin and Ethereum. As a matter of fact Hive is THE LARGEST ETHEREUM MINER IN THE WORLD! With ETH exponentially growing and constantly gaining popularity, we’re sure all the ETH bulls can agree that Hive Blockchain is an absolute gem 💎
Another note worthy strategy we should point out is that Hive currently has 2 different suppliers for their Bitcoin miners. This plan is highly effective in the event that one of their suppliers experience an issue. Hive will always have an extra supplier ready to fulfill their orders and execute their plans unhindered.
• Will have close to 2.474 Eh/s of operational power by the end of 2021. This number is expected to increase as frank holmes (the ceo of Hive blockchain) has mentioned in their webcast that they have further plans for expansion and growth.
•ETHICAL: HIVE is dedicated to mitigating environmental impact and have built facilities in jurisdictions with access to low-cost green/renewable energy ie. hydro and geothermal energy.
HODL: 21,500 Ethereum 165 Bitcoin (They have mentioned on their webcast that they are now focusing on hodling their coins so we can see these numbers increasing in the coming quarter.)
On paper these number may not look too impressive, however we have to keep in mind that unlike other companies, Hive has done an amazing job keeping shareholder value and hasn’t resorted to diluting their shares to raise money. Hive has proved that they are able to take control of operations on their own by selling some of their coins in order to fund their actions, we have to give credit, where credit is due and acknowledge the fact that hive is the only miner that’s actually profitable and their earnings are expecting to grow even more in the coming quarter.
If you would like to add on to this leave a comment. If there are any errors feel free to correct us. We’d love to hear feedback and grow as a community✌️
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