This is right from Hive's website:
"Which cryptocurrencies does HIVE mine?
Our GPU mining rigs have the capability to mine any GPU-based algorithm Ethereum, Monero, and Zcash. In the immediate future, we plan to focus on mining Ether, but will examine other altcoins for potential opportunities."
source: https://www.hiveblockchain.com/faq/
I also called Hive this week and verified: They are hoarding Ethereum and ZCash, not Bitcoin.
You have to understand the fundamental difference between Bitcoin and Ethereum.Its a vastly superior crypto as it can be programmed to suit various applications, unlike Bitcoin. This is why Ehereum is rallying. HIVE is very smart to hoard Ethereum and Zcash.
Recent HIVE News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 08:20:20 PM
- Crypto: Mining Stocks Eclipse BTC in 2023, Ethereum PoS Revamped by Vitalik Buterin, and Latest Trends • IH Market News • 12/29/2023 02:44:55 AM
- HIVE Digital Announces Closing of $28.75 Million Bought Deal Private Placement Financing to “HODL” Our Bitcoin Production and Expand Green Mining Footprint • GlobeNewswire Inc. • 12/28/2023 02:25:45 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/13/2023 09:06:53 PM
- Crypto This Wednesday: Aptos Tokens Unlocked, Coinbase Launches Encrypted Messaging Feature, and More • IH Market News • 07/12/2023 05:35:49 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/12/2023 12:05:36 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/10/2023 07:44:04 PM
- Crypto This Monday: 24 CBDCs by 2030, Standard Chartered BTC Price Prediction, and more • IH Market News • 07/10/2023 04:20:49 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/03/2023 07:57:12 PM
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