Hive said it would likely not be able to meet the development conditions for the project without tax relief on electricity.
This is the second 3iQ and CoinShares ETF to launch on the TSX this week.
3iQ has received regulatory clearance for the dual listing of its bitcoin ETF on Nasdaq Dubai.
The Canadian mining firm’s project will be able to power some 55,000 new-generation mining machines.
A trio of ether ETFs were approved by Canadian regulators last week.
Another bitcoin ETF is in the works for Canadian investors.
Trevor Koverko resigned from the CEO role at Polymath on Feb. 8, his co-founder and interim successor said. He was arrested March 14, police said.
“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift," said CEO Mike Novogratz.
Canada’s residential mortgage market is estimated at C$1.7 trillion.
Coinsquare estimates between 5 and 10 percent of customer records could be caught in the sweep.
The 5-megawatt site will be solar-, wind- and natural gas-powered.
The firm bought 0.4 bitcoin and plans to buy more every month.
The tax calculator is launching in Canada, but will later see a wider rollout.
If approved, North America's third bitcoin ETF is planned for listing on Tuesday.
Only 1,000 of the bitcoin credit cards will be issued in 2021, with shipping expected in June.