The story of Hive Mining started at the beginning of 2017. One of our founders Olzhas was living in California and heard a lot about Bitcoin from his IT-involved friends. He started to investigate and spread the word to the other founder Didar in Kazakhstan. They decided to start a bitcoin mining business in Kazakhstan. Cheap electricity, fast and stable internet, and a favorable climate made the decision look reasonable. Olzhas came to Kazakhstan and together with Didar, they bought Antminers S9 from a local seller. They were inspired by bitcoin technology and felt excited to build the first mining facility. Some of their friends got interested in mining and they came up with the idea of providing hosting services for miners.

Hive Mining LLP was established in 2018. After launching the website, the Company quickly received attention from international miners, who wanted to establish mining operations in Kazakhstan. The same year the first batches of new ASICs were installed in the hosting hotel. Since then, Hive Mining has built and successfully operated 3 mining farms in different regions. The main strengths of the Company are solid experience in building proper crypto mining facilities and a professional team of technical specialists. The company’s IT department has developed custom software for the professional management of large-scale mining farms, which helps to maintain a high uprate. Hive Mining provides full service to run successful mining businesses in Kazakhstan.