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HIVE Rebrands, Announces Expansion Into Cloud Computing Services
HIVE Digital Technologies Ltd., previously known as HIVE Blockchain, has announced that along with its renaming, the company will be focusing on revenue opportunities with its Nvidia graphics processing unit (GPU) cards in cloud compute technology. HIVE plans to utilize a fleet of 38,000 Nvidia GPUs for computational tasks, expanding its revenue channels while seeking to drive advancements in…
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Public Bitcoin Miners Fight For Survival
Public Bitcoin Miners Fight For Survival
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Record Downward Difficulty Adjustment The mining industry continues to take a beating as rising energy inflation, debt burdens and depressed bitcoin…
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Crypto Companies Divided on Proposed PoW Ethereum Forks
Crypto Companies Divided on Proposed PoW Ethereum Forks
Ethereum merge is giving rise to factions within the community as opinions abound regarding the direction of a potential fork. One group, spearheaded by a Chinese miner, proposes a fork to preserve the current consensus mechanism known as proof-of-work. A fork is a substantial change to the software of a blockchain network that makes previous transactions or blocks of transactions valid or…
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Bitcoin mining firm HIVE has announced a purchase of 3,019 rigs to increase its hash rate by 46%, and will be joining Foundry USA Pool.
Crypto miner HIVE partners with Blockbase to optimize GPUs at Sweden facility
Crypto miner HIVE partners with Blockbase to optimize GPUs at Sweden facility
HIVE Blockchain Technologies (HIVE), an operator of GPU-based cryptocurrency mining resources in Iceland and Sweden, today announced that it has entered a strategic partnership with Blockbase Group DWC-LLC (Blockbase), as the new software operator and maintenance services provider for the company’s flagship facility in Sweden.
Blockbase’s highly optimized software monitoring services are expected…
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