Canadian Hive Blockchain expands their operation to Sweden

Hive is placing a $110M Bitcoin mining farms in Northern Swede
12 January   80

Hive Blockchain company was created in 2013 by Harry Pokrandt and Olivier Roussy Newton. The company's focus is, obviously, cryptocucrrency mining operations and blockchain development in collaboration with Genesis Mining and Fiore Group. Their current mining farms are located in Iceland. And now Candians plan to expand their mining operations to Sweden.

The reasons for choosing Sweden are pretty obvious to anyone who looks close enough. Cheap Swedish electricity is essential to make a higher profit and cold climate is a good bonus too, if you consider the cooling costs. But one of the main reasons lies in Swedish political climate. Rather liberal regulations allow for mining corp to expand their operations to be ten times bigger than current bitcoin mines located in Iceland. The favorable political situation is also a lot more interesting to investors and clients, who wouldn't have expressed the same interest if the farms were placed in China, for example.

Pokrandt also notes that now the timing is essential for mining. Right now the company is on the rise in stock exchange market, and have to ride the wave of their success, or be swiped under. So the Bitcoin ASICs will be delivered as soon as the construction of the data center is finished, and will be up and running shortly after that.

Opera Launches Mining Protection in Mobile Browsers

Opera's protection against cryptocurrency mining scripts is already available, and the browser can be downloaded from the Google Play or the App Store
22 January   209

Opera web browser announced on January 22 that it launches protection against cryptocurrency mining scripts to its mobile browsers. Opera has already introduced the feature to its desktop products called NoCoin.

The new anti-cryptocurrency mining feature is activated by default when enabling the ad blocker on Opera Mini and Opera for Android. The ad blocker can be enabled in “Settings”, and it will automatically detect and stop the mining scripts written into the coding of a webpage.

Opera mining protection

According to the company, more than a billion people worldwide is estimated to be affecting hidden cryptocurrency mining scripts, causing their devices to run warm, become slower and eat up their batteries.

When you browse the web, there are no visual clues that your device is exposed to mining. A single webpage you visit can take up to 4.5 hours of your battery time, if you keep the tab open. This often turns out to be just the battery time you needed to use a ride-hailing app or check the map to get home.


Jan Standal

VP Product Marketing, Opera

After several tests of the Opera browsers for smartphones performed on Samsung Galaxy S8 and HTC One, developers at Opera determined that scripts mining for cryptocurrencies can increase the smartphones’ CPU usage up to 100%. This can cause increased battery draining and make the phone overheat.

According to the company, Opera's new feature is already available, and the browser can be downloaded from the Google Play or the App Store.