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HIVE Blockchain to Double Bitcoin Mining Capacity Through $2.8M Share Deal – CoinDesk

HIVE Blockchain to Double Bitcoin Mining Capacity Through $2.8M Share Deal – CoinDesk

A publicly-listed bitcoin mining operator is set to double the size of its operations in a multi-million-dollar deal, largely funded through a sale of its shares. HIVE Blockchain announced via email this week that it’s all set to acquire an existing 30-megawatt (MW) mining operation in Quebec from rival Canadian mining company Cryptologic for CA$4 million (around US$2.8 million).







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