The proponent of a second cryptocurrency mine in New Brunswick says the project is still alive, despite concerns from both the government and N.B. Power that the industry would put a strain on the provincial power grid.
HIVE Blockchain Technologies Ltd. (OTCMKTS:HVBTF – Get Rating)’s share price traded down 5.9% on Monday . The stock traded as low as $3.01 and last traded at $3.05. 1,156,740 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 3,960,986 shares. The stock had previously closed at $3.24. HIVE […]
N.B. Power says a freeze on servicing new, large-scale industrial customers in the province remains in place over concerns that the cryptocurrency sector’s heavy use of electricity could be more than the utility can handle.
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