Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%

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Original News Release

Blockmate investee Hivello partners with Spheron

Mr. Justin Rosenberg reports BLOCKMATE INVESTEE HIVELLO PARTNERS WITH SPHERON, WORLD'S LARGEST COMMUNITY-POWERED DATA CENTER Blockmate Ventures Inc.'s investee, Hivello Holdings, has partnered with Spheron Network to increase the earning capacity of Hivello users and strengthen Spheron's position as the world's largest community-powered data centre. Spheron provides enterprise level GPU (graphics processing unit) compute services that can be rented via one-click mechanisms. With Hivello partnering with Spheron, GPU suppliers (Hivello users) can start contributing their idle computing power with one click while GPU buyers (Spheron clients) can purchase that idle computing power with one click to create a frictionless transaction that fuels the decentralized physical infrastructure network (DePIN). Justin Rosenberg, chief executive officer of Blockmate Ventures, commented: "With the continued growth of AI and its applications in everyday life, we are seeing sustained growth in data centre demand to process these large workloads. Traditional data centres carry physical risks, which can be alleviated by decentralization, which is why we see an excellent growth opportunity for DePIN operators like Spheron while Hivello provides simple access for users to start contributing their idle computing power and start earning passive income with no technical expertise required." Below is the recent news releases from Hivello: "Hivello & Spheron Network to Scale User Earnings and Opportunities" Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs, has partnered with Spheron Network, a decentralized compute network. This strategic collaboration is designed to tackle one of the DePIN space's biggest challenges: connecting a global supply of users with decentralized networks in a scalable and intuitive way. Spheron Network is building the world's first community-powered data centre, fundamentally changing how AI (artificial intelligence) and machine learning workloads are powered. As a decentralized computer network, Spheron pools idle GPU and CPU (central processing unit) resources from a global community of users, creating a vast pool of computing power. This provides a powerful, cost-effective and censorship-resistant alternative to traditional cloud providers. Hivello's core value proposition is to make DePIN participation and earnings accessible and simple for everyone, regardless of their technical background. For the industry, Hivello addresses a critical supply-side issue by providing DePIN networks with a constant and authentic stream of new users through a single, easy-to-use dashboard that hides the underlying complexity. The partnership is a solution that addresses the scalability challenges faced by DePINs. Hivello's expertise in simplifying the user journey unlocks the supply side of Spheron's network and, in return, Hivello users gain a new, high-value earning opportunity. This win-win collaboration accelerates growth for both companies and provides a powerful example for the entire decentralized ecosystem. "By partnering with Spheron, we are not only providing our users with a new, high-value earning opportunity but also validating our model by helping a major network scale its infrastructure. This is how we build a stronger, more resilient DePIN ecosystem together," said Domenic Carosa, co-founder and chairman of Hivello. Prakarsh Pathak, head of ecosystem of Spheron Network, added, "This collaboration will allow us to bring the benefits of our technology to a wider audience, empowering more people to save on compute costs and earn rewards, driving a more robust and valuable network for everyone involved." About Blockmate Ventures Inc. Blockmate Ventures is a blockchain and Web 3 venture builder investing in and operating scalable blockchain, mining and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the company's portfolio provides investors with diversified exposure to emerging sectors within Web 3 and beyond. About Hivello Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks and allows users to earn passive income by mobilizing their idle computers. Hivello aims to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It is as easy as downloading, installing and running nodes, making complex technologies accessible and beneficial to all. About Spheron Spheron Network is building the world's first community-powered data centre, fundamentally changing how AI and machine learning workloads are powered. It pools idle GPU and CPU resources from a global community of users, providing a powerful, cost-effective and censorship-resistant alternative to traditional cloud providers. By democratizing access to high performance computing, Spheron benefits both resource contributors and developers. We seek Safe Harbor.
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