Unlocking ValueHIVE is the first to market Canadian crypto miner.
I believe they are hoarding up around 450,000 - 500,000 ETH coins. This translates into a value of half a billion dollars!!!! I agree, that is amazing. When the new minng facilities are complete in Switzerland, I believe we will be up around 1 billion dollars in crypto coins in no time.
What will be interesting is seeing how management will proceed with unlocking shareholder value. For example, when Genesis sold HIVE their facility in Iceland, they de-risked themselves by selling an asset and produced CASH for their private company while maintaining a 30% stake in HIVE.
We will need to make moves like that. We cannot just keep raising capital and we certainly cannot keep giving away ownership. I think 2018 HIVE will look to monetize their business model and create that bridge between blockchain and traditional markets that they speak of.
It is exciting and I am glad that I am on board here. Good luck everyone. I am long and strong!