Hive deals w/Ethereum & ZCash-Ethereum-up+5%. No worries here. Ethereum up 5% this week compared to -20% Bitcoin.
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."
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.