An ether mining firm is acquiring a bitcoin mining facility for $2.8M

30 Mar 2020
Share Print-Ready Version

HIVE Blockchain Technologies, a Canada-based publicly-traded ether (ETH) mining firm, is diversifying into bitcoin mining operations.

Announcing the news on Monday, HIVE said it is acquiring a 30 megawatts (MW) bitcoin mining facility from Cryptologic Corp for about CA$ 4 million (~US$2.8 million) in Quebec.

https://finance.yahoo.com/news/ether-mining-firm-acquiring-bitcoin-133018862.html