HIVE Blockchain Technologies Ltd (HIVE)

[Imperial Whazoo]

HIVE is not selling any coins or subscriptions or anything else to anyone. They own mining server farms that they are buying or have already bought.

So, the first correction to be made regarding your question is that they do not sell anything and as such, do not have any vehicle through which they could charge fees.

They mine coins that are generated using GPUs rather that ASICs (GPU = ALT coins & ASIC = Bitcoin), and they hoard the coins that are created. As regards price appreciation on the coins, their costs are not coin prices. Their costs are their mining costs (basically, business operation costs which mostly involve electricity costs).

By the time the unaffiliated ETF that Reality Shares filed about begins trading January 15, 2018, HIVE will have 4 server farm sites that they own and operate: two in Iceland & two in Sweden. Genesis is selling them to HIVE & retaining a 30% investment position in HIVE.

So, HIVE has no need to charge fees because they only generate income from mining itself & they hoard the coins their GPU horsepower creates.

Hope that helps.

Imperial Whazoo