Cryptocurrency Q&A Why is Hive discontinued?

Why is Hive discontinued?

Martina Martina Tue Jun 25 2024 | 9 answers 1971
I'm curious to understand the reasons behind the discontinuation of Hive. Could you elaborate on the key factors that led to this decision? Was it due to a lack of user adoption, technical challenges, or perhaps a shift in the market's priorities? Given Hive's initial promise, I'm intrigued to know what led to its demise. Was there anything that could have been done to prevent this outcome, or was it simply a matter of timing and circumstances? I'd appreciate any insights you can provide into this matter. Why is Hive discontinued?

9 answers

HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Thu Jun 27 2024
As part of these plans, Hive is focusing on climate technology, such as the installation of air source heat pumps.

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GangnamGlamourQueen GangnamGlamourQueen Thu Jun 27 2024
The discontinuation of Hive smart devices has raised questions regarding the company's strategy.

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GeishaGrace GeishaGrace Thu Jun 27 2024
Hive has stated that it has 'big plans' to improve the energy efficiency and reduce the running costs of homes in the UK.

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Valentina Valentina Wed Jun 26 2024
As Hive transitions towards a new focus on climate technology, it is likely that the company will continue to develop and launch new products and services that align with its green objectives.

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MountFujiMystic MountFujiMystic Wed Jun 26 2024
While the discontinuation of Hive's smart devices may be disappointing for some customers, the company's commitment to making a positive impact on the environment through its new initiatives is an encouraging sign for the future.

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