As of August 2015, Hyper-V machines come in the form of Generation 1 and Generation 2 (Hyper-V shipped with Windows Server 2012 R2). Generation 2 brings some advantages over Generation 1 such as standard (synthetic) NIC PXE booting capabilities, UEFI firmware support and booting from a SCSI attached VHD. These are some things a Generation 1 VM cannot do.
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