HIVE Blockchain

ASICs for mining bitcoin at HIVE Blockchain's facility in Boden, Sweden. (Sandali Handagama/CoinDesk)
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
The Canadian firm said 5,800 machines will provide computing power of upward of 630 petahashes per second by end of January. That's less than the October forecast of 1 exahash...
ASICs for mining bitcoin at HIVE Blockchain's facility in Boden, Sweden. (Sandali Handagama/CoinDesk)

The Boden HIVE Blockchain facility (Sandali Handagama/CoinDesk)
Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has No Debt Costs on Equipment
Hive Blockchain is bucking the bearish mining industry trend, holding $68 million on BTC while producing 307 bitcoin in October.
The Boden HIVE Blockchain facility (Sandali Handagama/CoinDesk)

Compute North's Wolf Hollow Power Plant in Texas (Compute North)
Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M
The company's CEO stepped down earlier this month and its COO will serve as the president.
Compute North's Wolf Hollow Power Plant in Texas (Compute North)

(Sandali Handagama/CoinDesk)
Large Ethereum Miners Look to Cloud Computing, AI Ahead of The Merge
The network's upgrade will do away with the need for bulky and expensive data centers, which the miners are looking to repurpose.
(Sandali Handagama/CoinDesk)

Hive Blockchain is selling ether to pay for new Intel-powered bitcoin mining rigs. (Sandali Handagama for CoinDesk)
Crypto Miner Hive Blockchain Selling Ether to Pay for Intel Mining Rigs
The miner expects to have a bitcoin-equivalent hashrate of 6.2 exahash per second (EH/s) in the next 12 months.
Hive Blockchain is selling ether to pay for new Intel-powered bitcoin mining rigs. (Sandali Handagama for CoinDesk)

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Hive to Consolidate Shares to Attract More Institutional Investors
The crypto miner will have a 5-to-1 reverse stock split.
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A close-up of one of Riot's mining rigs (Riot Blockchain)
Riot Blockchain Bitcoin Mined Rises to 511 in March
The company also sold 200 bitcoin during the month, raising $9.4 million.
A close-up of one of Riot's mining rigs (Riot Blockchain)

What Does a Crypto Mining Farm Look Like?
What Does a Crypto Mining Farm Look Like?
As part of Mining Week, several CoinDesk reporters have compiled a photo essay capturing the insides of crypto mining farms throughout the globe, including HIVE Blockchain in...
What Does a Crypto Mining Farm Look Like?

Mining rigs (Mark Agnor/Shutterstock)
Hive to Buy Intel Mining Chip That Can Raise Hashrate by 95%
The crypto miner also signed a new 100MW power deal with Compute North in Texas.
Mining rigs (Mark Agnor/Shutterstock)

Bitcoin mining machines (Michal Bednarek/Shutterstock)
Hive Blockchain Q3 Revenue Jumps Fivefold From Previous Year
The gain was driven by increases in cryptocurrency prices and additional production facilities.
Bitcoin mining machines (Michal Bednarek/Shutterstock)