What’s Ahead for the Crypto Miner

Hive’s facilities are primarily in Canada, Sweden, and Iceland, and it’s continuing to expand. In 2017, Hive acquired Genesis Mining, the world’s largest cloud bitcoin mining company at the time, for $9 million. The move vastly improved Hive’s production, quality of crypto mining, and workforce—Genesis had over 700,000 employees before being acquired by Hive.