HIVE Blockchain Technologies Value Stock - Dividend - Research Selection
Hive blockchain
ISIN: CA43366H1001 , WKN: A2DYRG
Market price:
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Description of the company
GENESIS MINING LTD. — the world's largest hashpower provider, was founded in 2013 by early Bitcoin investors
Built the world's first large-scale Bitcoin mining facility in 2014 in Iceland using custom hardware built in partnership With the world's largest ASIC manufacturer, Spondoolies Tech Genesis Mining created Genesis Hive in order to increase operational efficiency and monitoring for large scale mining facilities
Only software available globally to monitor and optimize mining operations
Manufacture custom manufacture mining rigs that are the most efficient GPU rigs for mining ETHash
HIVE Blockchain Technologies and Genesis Mining have established an exclusive global partnership
for the development and ownership of cryptocurrency mining infrastructure and other related blockchain businesses.
HIVE
HIVE and Genesis Mining entered into a Master Services Agreement whereby Genesis Mining will be the day-to-day operator With oversight provided by HIVE management. Allows HIVE to leverage Genesis Mining's expertise and knowledge in cryptocurrency mining.
Genesis Mining
MASTER SERVICES AGREEMENT OVERVIEW
- Comprehensive agreement which sets out the standard terms and conditions pursuantto which Genesis Mining will provide HIVE With services necessary to operate and manage its mining facilities
- Monthly fees are to be inclusive of electricity, the Single largest ongoing costs associated With operation of a mining facility