Thanks for your comment. I'm holding a couple thousand. Why is HIVE Blockchain Technologies stock dropping? The Sweden facility will produce hash power with the newest generation of hardware and the latest developments in data centre architecture. Well in that case wouldn't we want a higher price of HIVE so we could sell it for more LEO? HIVE Blockchain raised C$71.5 million in the quarter, acquired a second operating facility in Iceland and began a major expansion into Sweden. Its stock price fell about 33% from November 7 to November 24, 2017. PayPal has announced that it will let users buy and sell cryptocurrency through... We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. The Company has generated revenues of $170,819 from mining of digital currencies over 12 full days of mining operations at the first Iceland facility and a healthy mining margin of $112,959 (66%). HIVE Blockchain raised a total of C$16.5 million on September 7, 2017, which was used for the acquisition of the first Data Centre from Genesis. STEEM hasn't done much since the fork, but it has held up better than HIVE. Your ability to comment is currently suspended due to negative user reports. Presidential Debate, Stimulus Blow; Tesla Strength - What's up in... Stocks hold tight ranges as U.S. election caution sets in. This comment has already been saved in your, Dow Gets Pelosi Boost on Signs Stimulus Deal Near, Gilead's Covid-19 Drug Wins Full FDA Approval, Dow Bags Gain on Value Stocks; FDA Approves Gilead's Anti-Viral Drug, Tesla Q3 Earnings Preview: Profitability Key To Sustain 400% Stock Rally, Want To Profit From The 5G Revolution? Watch: HIVE Blockchain Will Have $50 Million in Revenue Per Year, Says Frank Holmes. The market caps are significantly further apart though due to the smaller supply of coins for HIVE. Is HIVE Blockchain Technologies worth watching? Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The added 1.75 MW Icelandic facility, together with both phases in Sweden (6.8 MW each), is expected to increase the Company’s overall power consumption dedicated to digital currency mining by over eight times, for a total of 17.4 MW. Please wait a minute before you try to comment again. Yea I don't buy this at all. My guess is that Sun dumped everything he could to get as much as he could while also inflicting as much market damage as he could. 1 stock analyst on Stockchase covered HIVE Blockchain Technologies In the last year. It was an eventful quarter, with HIVE forming a strategic partnership with Genesis Mining Ltd., the world’s largest digital currency mining hashpower provider. Earnings reports or recent company news can cause the stock price to drop. Where do you think LEO might go? With these guys is not about the money it's about power and pride. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. The market caps are significantly further apart though due to the smaller supply of coins for HIVE. :), In my case, to get LEO's, I need first to buy HIVE, paying for them in ETH and BTC. Ideally we'd have a rising HIVE price and a rising LEO price! Please note that all comments are pending until approved by our moderators. The benchmark coin spiked 4.5% in the last 24 hours and changes hands at $12,800. The Toronto Stock Exchange required a lockup for participants in a private placement, preventing them from selling their shares on the open market for a period of four months following the closing date of the financing. Because I need Hive cheap....I need them to get more LEO's , Ha! any of each other's Investing.com's posts. Are you sure you want to block %USER_NAME%? In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.

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