Hive Blockchain Appoints Fortress Blockchain Founder as Chief Operations Officer

Aydin Kilic will oversee the company's operations across its data centers in Canada, Iceland and Sweden.

AccessTimeIconAug 19, 2021 at 11:56 a.m. UTC
Updated Sep 14, 2021 at 1:42 p.m. UTC

Hive Blockchain, a publicly traded crypto mining company, said it appointed Aydin Kilic, who founded Fortress Blockchain, as president and chief operations officer.

  • Kilic will oversee Hive's operations across its data centers in Canada, Iceland and Sweden, the company announced Thursday.
  • Hive said that with his experience as CEO of bitcoin miner Fortress Blockchain, Kilic will give Hive a comprehensive understanding of Canadian securities laws and exchange rules governing publicly traded crypto mining companies. Kilic founded Fortress Blockchain in 2017.
  • Fortress formed a partnership with Great American Mining earlier this year to launch an environmentally conscious venture converting stranded gas into mining power.
  • Hive said that it sources only green energy to mine on the cloud and that it's the first crypto mining company with an environmental, social and governance (ESG) strategy.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

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.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC