BITCOIN $52K IS JUST THE BEGINNING – Miners Are Working Overtime!

You might feel a sense of regret if you didn’t take a position in Bitcoin or Ethereum when it bottomed out last year, but no worries as there’s much more room for cryptocurrency to run in 2021.

Years ago, we profiled cryptocurrencies and blockchain-related assets that have skyrocketed in value. We were 100% right then, and we’re not even thinking about taking profits now. Folks like Elon Musk and Mark Cuban have good reasons for getting into crypto now as public awareness and corporate adoption are accelerating fast.

They’re a little bit late, but you’re finally seeing hedge funds adding cryptocurrency and mining stocks to their holdings. The smart money’s getting in now, knowing that inflation will continue to destroy fiat currencies (including the U.S. dollar) while Bitcoin and Ethereum have the potential to move much higher.

And while the cryptocurrencies themselves are gaining value quickly, so are crypto miners, which form an essential part of the blockchain’s ecosystem. Without powerful mining equipment, the crypto revolution you’re witnessing today wouldn’t have been possible.

Investing in cryptocurrency mining is easy as you can own one of the most affordable stocks the sector today: HIVE Blockchain Technologies (TSX-V:HIVE, OTCQX: HVBTF), which recently has posted gains even greater than what you’ve seen in Bitcoin and Ethereum.

This is a world-class crypto miner with operations strategically located in Iceland, Sweden, and Canada, where the temperatures are ideal for ultra-cost-efficient mining operations. HIVE is a truly unique global company that mines for Bitcoin, Ethereum, and Ethereum Classic.

One of the main differences between owning cryptocurrency and holding HIVE stock is that with HIVE, you’re taking a stake in a company – and a well-capitalized company at that, with a rock-solid financial position and no shortage of cash and digital assets on hand.

Not only that, but with HIVE you’ll be investing in the cleanest crypto mining operations available, as the company’s green energy-powered facilities are fully compliant and achieve super-efficient, high-performance throughput with minimal power usage.

The company already has a considerable share of the cryptocurrency mining market, but this is set to expand very soon as HIVE just revealed an agreement to expand the footprint of its Sweden GPU mining data center by an immediate 2 MW by the end of April 2021.

Not only that, but by the end of 2021, HIVE is planning a 30% increase in the company’s Ethereum mining capacity. This will be achieved through an infrastructure re-fitting of a portion of HIVE’s existing facility in Boden, Sweden along with a purchase of new-generation GPU chips and associated mining rigs to house them.

Again, the objectives are cleaner operations and enhanced cost-effectiveness as the new-generation chips are expected to be more efficient than currently available GPU chips on the market while consuming less electricity, which should lead to continuing positive gross margins.

The timing is ideal as the Covid-19 pandemic continues to impact the logistics and supply of miners from Asia. With this major upgrade, HIVE is filling in the gap and doing it better than anyone else could – it’s the right company at the right time, scaling up its operations just as crypto prices climb relentlessly higher.