Hive Blockchain Technologies (HIVE.V) doubles-down on Ethereum in Iceland

03 Jun 2020

Bitcoin broke through the USD$10,000 resistance point yesterday for the first time since August 2019, and while this prompted an almost automatic selloff that brought it back down, it speaks more to a period of consecutive growth for the cryptocurrency post-halving. If pundits are right then the post-halving era is likely to send BTC skyward within the next two years, but in the interim, it will mean companies involved in mining cryptocurrency will have some curious problems to solve regarding their continued profitability. One of those could be whether or not to shift to altcoin mining – like Ethereum.

Hive Blockchain Technologies (HIVE.V) knows all about that, and has been preparing for months.