Bitcoin, Ethereum Mining Company Hive To List Shares On Nasdaq

Canadian crypto miner Hive Blockchain Technologies said it has received approval to list its shares on the Nasdaq. The company went public in 2017 – since then its shares are traded on the Canadian stock exchange TSX.V. As with other crypto-dependent stocks, HIVE.V's price fluctuations are more or less in line with Bitcoin's price movements; It currently stands at $3.01 Canadian, or about $2.42 per share. Hive is one of the few publicly traded mining companies. Others include Riot Blockchain and Marathon Digital Holdings (FKA Marathon Patent Group), both of which are currently traded on the Nasdaq. Mining proof-of-work cryptocurrencies like Bitcoin and Ethereum requires huge amounts of energy, and companies often turn to fossil fuels for access to cheap power. The industry has faced criticism from environmentalists, progressive legislators and businessmen who don't want to get their hands dirty. The harsh truth about Bitcoin Hive's energy consumption is that the company claims to use "100% green renewable energy" through its "state-of-the-art green energy-powered data center facilities in Canada, Sweden, and Iceland", although details are lacking on its website. includes.

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