“HIVE mines exclusively with renewable energies,” says Wolfgang Seybold, the German representative of the Canadian group. In addition to mines in North America, HIVE also operates mining farms in Sweden and Iceland. We wanted to know from Mr. Seybold why mining stocks are actually going through the roof and whether the future of mining can still be decentralized given the players listed on the stock exchange.
Bitcoin mining in bear market
If the Bitcoin price rises, the tills ring at the miners. But things can go downhill just as quickly. Competitors like Core Scientific have almost had to give up. So how does HIVE navigate the notoriously volatile crypto market?
And: Is mining also conceivable in Germany?