A publicly listed bitcoin mining operator is set to double the size of its operations in a multi-million-dollar deal, largely funded through a sale of its shares.
HIVE Blockchain announced via email this week it's all set to acquire an existing 30-megawatt (MW) mining operation in Quebec from rival Canadian mining company Cryptologic for CA$4 million (around US$2.8 million).
https://www.coindesk.com/hive-blockchain-to-double-bitcoin-mining-capacity-through-2-8m-share-deal